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TO AMEND SECTION 1-3-240(C)(1)(m) OF THE 1976 CODE, RELATING TO THE REMOVAL OF OFFICERS BY THE GOVERNOR, TO REMOVE THE GOVERNOR'S ABILITY TO REQUIRE A DIRECTOR TO RESIGN FROM THE BOARD OF DIRECTORS OF THE SOUTH CAROLINA PUBLIC SERVICE AUTHORITY WITHOUT CAUSE FOR REMOVAL.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 1-3-240(C)(1)(m) of the 1976 Code is amended to read:
"(m) Directors of the South Carolina Public Service Authority appointed pursuant to Section 58-31-20. A director of the South Carolina Public Service Authority also may be removed for his breach of any duty arising under Section 58-31-55 or 58-31-56. The Governor must not request a director of the South Carolina Public Service Authority to resign unless cause for removal, as established by this subsection, exists. Removal of a director of the South Carolina Public Service Authority, except as is provided by this section or by Section 58-31-20(A), must be considered to be an irreparable injury for which no adequate remedy at law exists;"
SECTION 2. This act takes effect upon approval by the Governor.
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