Bill 3784

                    Current Status

Introducing Body:               House
Bill Number:                    3784
Primary Sponsor:                Quinn
Committee Number:               11
Type of Legislation:            GB
Subject:                        Foreign corporation, business
                                certificate of authority
Residing Body:                  Senate
Current Committee:              Judiciary
Computer Document Number:       CYY/18456.SD
Introduced Date:                Apr 09, 1991
Last History Body:              Senate
Last History Date:              May 27, 1991
Last History Type:              Introduced, read first time,
                                referred to Committee
Scope of Legislation:           Statewide
All Sponsors:                   Quinn
Type of Legislation:            General Bill

 Bill  Body    Date          Action Description              CMN
 ----  ------  ------------  ------------------------------  ---
 3784  Senate  May 27, 1991  Introduced, read first time,    11
                             referred to Committee
 3784  House   May 23, 1991  Read third time, sent to
                             Senate
 3784  House   May 22, 1991  Read second time
 3784  House   May 09, 1991  Committee Report: Favorable     25
 3784  House   Apr 09, 1991  Introduced, read first time,    25
                             referred to Committee

Indicates Matter Stricken
Indicates New Matter

COMMITTEE REPORT

May 9, 1991

H. 3784

S. Printed 5/9/91--H.

Read the first time April 9, 1991.

To whom was referred a Bill (H. 3784), to amend Section 33-15-103, as amended, Code of Laws of South Carolina, 1976, relating to foreign corporation's certificate of authority, etc., respectfully

That they have duly and carefully considered the same, and recommend that the same do pass:

DAVID H. WILKINS, for Committee.

A BILL

TO AMEND SECTION 33-15-103, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO A FOREIGN CORPORATION'S CERTIFICATE OF AUTHORITY TO TRANSACT BUSINESS IN THIS STATE, SO AS TO DELETE THE REQUIREMENT THAT THE APPLICATION FOR THE CERTIFICATE MUST BE SIGNED BY AN ATTORNEY LICENSED TO PRACTICE IN THIS STATE.

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

SECTION 1. Section 33-15-103(a) of the 1976 Code, as amended by Act 446 of 1990, is further amended to read:

"(a) A foreign corporation may apply for a certificate of authority to transact business in this State by delivering an application to the Secretary of State for filing. The application must set forth:

(1) the name of the foreign corporation or, if its name is unavailable for use in this State, a corporation name that satisfies the requirements of Section 33-15-106;

(2) the name of the state or country under whose law it is incorporated;

(3) its date of incorporation and period of duration;

(4) the street address of its principal office;

(5) the address of its proposed registered office in this State and the name of its proposed registered agent at that office;

(6) the names and usual business addresses of its current directors and officers;

(7) a statement of the aggregate number of shares which the corporation has authority to issue, itemized by classes and series, if any, within a class; and

(8) a certificate, signed by an attorney licensed to practice in this State, that, in the opinion of the attorney, all of the requirements of this section relating to the application for authorization of foreign corporations to do business in this State have been complied with."

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