{"data":{"id":"us-sc/s.c.-code-ann.-33-7-250","jurisdiction":"us-sc","citation":"S.C. Code Ann. § 33-7-250","heading":"Quorum and voting requirements for voting groups.","body":"(a) Shares entitled to vote as a separate voting group may take action on a matter at a meeting only if a quorum of those shares exists with respect to that matter. Unless the articles of incorporation or Chapters 1 through 20 of this Title provides otherwise, a majority of the votes entitled to be cast on the matter by the voting group constitutes a quorum of that voting group for action on that matter.\n(b) Once a share is represented for any purpose at a meeting, it is considered present for quorum purposes for the remainder of the meeting and for any adjournment of that meeting unless a new record date is or must be set for that adjourned meeting.\n(c) If a quorum exists, action on a matter (other than the election of directors) by a voting group is approved if the votes cast within the voting group favoring the action exceed the votes cast opposing the action, unless the articles of incorporation or Chapters 1 through 20 of this Title requires a greater number of affirmative votes.\n(d) An amendment of the articles of incorporation adding, changing, or deleting a quorum or voting requirement for a voting group greater than specified in subsection (a) or (c) is governed by Section 33-7-270.\n(e) The election of directors is governed by Section 33-7-280.","path":["Title 33 - CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS","CHAPTER 7 Shareholders","ARTICLE 2 Voting"],"source_url":"https://www.scstatehouse.gov/code/t33c007.php","current_through":"2025 Session of the General Assembly","vintage":"","retrieved_at":"2026-09-02T07:02:49Z","sha256":"3669e71dafb6d9b394056399430acdff19d56865e4198fd3758b4fe89f141b3d","source_id":"us-sc","stale":false,"prev":"us-sc/s.c.-code-ann.-33-7-240","next":"us-sc/s.c.-code-ann.-33-7-260"},"notice":"GroundRules: Original legal text. Not legal advice."}
