2019 South Carolina Code of Laws
Title 33 - Corporations, Partnerships and Associations
Chapter 37 - Business Development Corporations
Section 33-37-270. Approval by Secretary of State and filing of articles of amendment.

Universal Citation: SC Code § 33-37-270 (2019)

Within thirty days after any meeting at which an amendment of the charter has been adopted, articles of amendment signed and sworn to by the president, treasurer, and a majority of the directors, setting forth the amendment and the due adoption of the amendment, must be submitted to the Secretary of State, who shall examine them and, if he finds that they conform to the requirements of this chapter, shall so certify and endorse his approval on it. Thereupon, the articles of amendment must be filed in the Office of the Secretary of State, and no such amendment shall take effect until the articles of amendment have been filed as is required above.

HISTORY: 1962 Code Section 12-1127; 1958 (50) 1886; 2015 Act No. 60 (S.389), Section 1, eff June 4, 2015.

Effect of Amendment

2015 Act No. 60, Section 1, inserted commas following "adopted" and "treasurer", substituted "setting forth the amendment" for "setting forth such amendment", substituted "due adoption of the amendment, must be submitted" for "due adoption thereof, shall be submitted", substituted "approval on it" for "approval thereon", substituted "must be filed" for "shall be filed", substituted "Office of the Secretary of State" for "office of the Secretary of State", substituted "until the articles of amendment have" for "until such articles of amendment shall have", and substituted "is required above" for "aforesaid".

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