South Carolina Action by Unanimous Consent of Shareholders in Lieu of Meeting - Amending Bylaws

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A Shareholders' Consent to Action without Meeting, or a consent resolution, is a written statement that describes and validates a course of action taken by the shareholders of a particular corporation without a meeting having to take place between the shareholders. The Revised Model Business Corporation Act provides that acts to be taken at a shareholders' meeting or a director's meeting may be taken without a meeting if the action is taken by all the shareholders entitled to vote on the action. The action must be evidenced by one or more written consents bearing the date of signature and describing the action taken, signed by all the shareholders entitled to vote on the action, and delivered to the corporation for inclusion in the minutes or filing with the corporate records.

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FAQ

General Rules for LLC Names Your preferred business name cannot be used by any other LLC or formed entity in the State of South Carolina. This is why it's imperative to perform a South Carolina business entity search prior to beginning the filing process. Your LLC name should be original, but that's not enough.

South Carolina Code of Laws Sections 33-44-108 through 33-44-111 contain the state law governing registered agents for limited liability companies. This includes the need to have an agent and office for service of process, the procedures for changing the agent or office, and what an agent must do to resign.

(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.

The benefit corporation law allows for the creation of a new and voluntary corporate entity that will allow businesses to consider profit as well as society and the environment. This form of incorporation allows a business to balance fiduciary duty between its shareholders and stakeholders.

Time restrictions on telephone solicitation. A telephone solicitor may not initiate, or cause to be initiated, a telephone solicitation at any time other than between a.m. and p.m. local time at the consumer's location, unless the telephone solicitor has obtained the prior written consent of the consumer.

South Carolina Business Corporation Act of 1988 defines a Corporation or Domestic Corporation as a corporation incorporated for profit and not a foreign corporation. Any person may act as the incorporator of a corporation by delivering articles of incorporation to the Secretary of State for filing.

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South Carolina Action by Unanimous Consent of Shareholders in Lieu of Meeting - Amending Bylaws