S*1049(Rat #0154, Act #0149 of 2016)  General Bill, By Massey and Setzler
 AN ACT TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION
 33-47-1160 SO AS TO ALLOW A MARKETING COOPERATIVE ASSOCIATION WHOSE TERM OF
 EXISTENCE HAS EXPIRED TO APPLY TO THE SECRETARY OF STATE FOR REINSTATEMENT
 WITHIN TWO YEARS OF ITS EXPIRATION. - ratified title

   02/02/16  Senate Introduced and read first time (Senate Journal-page 6)
   02/02/16  Senate Referred to Committee on Judiciary
                     (Senate Journal-page 6)
   02/03/16  Senate Referred to Subcommittee: Massey (ch), Gregory, Sabb
   02/17/16  Senate Committee report: Favorable with amendment
                     Judiciary (Senate Journal-page 9)
   02/18/16  Senate Committee Amendment Adopted (Senate Journal-page 13)
   02/18/16  Senate Read second time (Senate Journal-page 13)
   02/18/16  Senate Roll call Ayes-39  Nays-0 (Senate Journal-page 13)
   02/23/16  Senate Read third time and sent to House
                     (Senate Journal-page 14)
   02/23/16  House  Introduced and read first time (House Journal-page 35)
   02/23/16  House  Referred to Committee on Ways and Means
                     (House Journal-page 35)
   03/03/16  House  Recalled from Committee on Ways and Means
                     (House Journal-page 29)
   03/09/16  House  Read second time (House Journal-page 13)
   03/09/16  House  Roll call Yeas-100  Nays-0 (House Journal-page 13)
   03/10/16  House  Read third time and enrolled (House Journal-page 12)
   04/19/16         Ratified R 154
   04/21/16         Signed By Governor
   04/27/16         Effective date 04/21/16
   05/02/16         Act No. 149

(A149, R154, S1049)

AN ACT TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 33-47-1160 SO AS TO ALLOW A MARKETING COOPERATIVE ASSOCIATION WHOSE TERM OF EXISTENCE HAS EXPIRED TO APPLY TO THE SECRETARY OF STATE FOR REINSTATEMENT WITHIN TWO YEARS OF ITS EXPIRATION.

Be it enacted by the General Assembly of the State of South Carolina:

Reinstatement of a marketing cooperative association

SECTION    1.    Article 13, Chapter 47, Title 33 of the 1976 Code is amended by adding:

"Section 33-47-1160.    (A)    An association whose term of existence has expired may apply to the Secretary of State for reinstatement within two years after the effective date of expiration. The application must:

(1)    recite the name of the association and the effective date of its expiration; and

(2)    include revised articles of incorporation with a new term as required by Section 33-47-210(4).

(B)    If the Secretary of State determines the application contains the information required by subsection (A) and the information is correct, the Secretary of State shall cancel the expiration and prepare a certificate of reinstatement reciting its determination and the effective date of reinstatement, file the original of the certificate, and provide a copy to the association.

(C)    When reinstatement is effective, it relates back to and takes effect as of the effective date of the expiration and the association shall resume carrying on its activities as if the expiration had never occurred."

Time effective

SECTION    2.    This act takes effect upon approval by the Governor.

Ratified the 19th day of April, 2016.

Approved the 21st day of April, 2016.