South Carolina Articles of Merger or Share Exchange (Domestic Corp) is a legal document that must be filed with the South Carolina Secretary of State in order to merge two or more South Carolina domestic corporations or exchange their shares. This document outlines the details of the merger or exchange, including the name of the merging or exchanging corporations, the terms of the merger or exchange, and the effective date of the merger or exchange. There are two types of South Carolina Articles of Merger or Share Exchange (Domestic Corp): (1) Articles of Merger, which is used when two or more corporations merge into a single entity, and (2) Articles of Share Exchange, which is used when two or more corporations exchange their shares for stock in a new corporation. Both types of documents must be signed by an authorized representative of each merging or exchanging corporation.
South Carolina Articles of Merger Or Share Exchange (Domestic Corp)
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The ?otherwise exempt? exemption: S.C. Code Ann. § 30-4-40(a)(4) provides that matters that are specifically exempt from disclosure by statute or law are also exempt from disclosure under FOIA. Sometimes these other statutory provisions will specifically state that information is exempt from disclosure under FOIA.
SECTION 33-1-103. Designation of representation in magistrates' court; unauthorized practice of law. A corporation or partnership, as defined in this section, may designate an employee or principal of the corporation or partnership to represent it in magistrates' court.
SECTION 33-44-202. Organization. (a) One or more persons may organize a limited liability company, consisting of one or more members, by delivering articles of organization to the office of the Secretary of State for filing.
SECTION 33-1-103. Designation of representation in magistrates' court; unauthorized practice of law. A corporation or partnership, as defined in this section, may designate an employee or principal of the corporation or partnership to represent it in magistrates' court.
For Domestic Corporations: Agency:South Carolina Secretary of State - Division of Business FilingsForm:Domestic Corporation - Articles of MergerAgency Fee:$110
(a) Unless prohibited or limited by the articles or bylaws, any action that may be taken at any annual, regular, or special meeting of members may be taken without a meeting if the corporation delivers a written or electronic ballot to every member entitled to vote on the matter.
Specifically, Section 33-44-303 of the South Carolina Code of Laws provides that the liabilities of the LLC are solely the liabilities of the company, and a member or manager is not personally liable for them solely by reason of being or acting as a member or a manager.