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§ 35-2-105 — South Carolina Law | CourtGPT
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  5. Chapter 2 - Control Share Acquisitions; Business Combinations/
  6. § 35-2-105
South Carolina Legal Code

§ 35-2-105

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Unless the corporation's articles of incorporation or bylaws provide that this article does not apply to control share acquisitions of shares of the corporation before the control share acquisition, control shares of an issuing public corporation acquired in a control share acquisition have only those voting rights as are conferred by Section 35-2-109. HISTORY: 1988 Act No. 444, Section 5, eff April 22, 1988.