S 0049 General Bill, By Holland, W.P. Cantrell and T.E. Smith

Similar(S 406, H 2166)
 A Bill to amend Chapters 1 through 25 of Title 33, Code of Laws of South
 Carolina, 1976, as amended, relating to the South Carolina Business
 Corporation Act, so as to provide for certain changes in the formation,
 operation and control of domestic and foreign business corporations that will
 make the act more closely conform to the provisions of the Model Business
 Corporation Act and current business operations; to make technical
 corrections; to provide that the provisions of the act relating to business
 corporations shall also apply to other domestic or foreign corporations or
 associations if the law under which those corporations are organized does not
 conflict with such provisions; to amend the 1976 Code by adding Section
 15-9-245 so as to provide a procedure for the service of process on foreign
 corporations not authorized to do business in this State; to amend Sections
 15-9-210, 15-9-240 and 15-9-430, relating to the service of process on
 domestic and foreign corporations authorized to do business in this State and
 on nonresident directors of domestic corporations, so as to further provide
 for the manner of serving such processes and to fix a fee therefor; to amend
 Section 33-29-10, relating to filing fees concerning the Business Corporation
 Act, so as to delete three fees otherwise provided for and to amend Section
 34-25-40, relating to voting by shareholders of savings and loan or building
 and loan associations, so as to provide for voting by proxy.
   01/15/81  Senate Introduced and read first time SJ-4
   01/15/81  Senate Referred to Committee on Judiciary SJ-4