(A) The business affairs of a telephone cooperative must be managed by a board of not less than three directors, each of whom must be a member of the telephone cooperative or of another cooperative which is a member of the telephone cooperative. The bylaws must prescribe the number of directors, their qualifications (other than those qualifications provided for in this chapter), the manner of holding meetings of the board, and the filling of vacancies on the board.
(1) If a husband and wife hold a joint membership in a telephone cooperative, one, but not both, may be elected as a director.
(2) The board of directors may exercise all of the powers of a telephone cooperative, except those powers conferred upon the members by this chapter or by the telephone cooperative's articles of incorporation or bylaws.
(B) The bylaws also may provide for the removal of directors from office and for the election of their successors as follows:
(1)(a) A temporary suspension of a director for cause may occur upon the affirmative vote of at least two-thirds of the members of the board. The suspension must be enforced until the next annual or special meeting. At the next meeting, the membership may remove the suspended director for cause from the board by an affirmative vote of a majority of the members present and voting. In the event the members refuse to vote to remove the director, he must be reinstated immediately with all the powers of his office and he shall continue to serve for the remainder of his elected term.
(b) "Cause" for removal of a director under this subsection means fraudulent or dishonest acts, gross abuse of authority in the discharge of duties to the telephone cooperative, or failure to adhere to such obligations, duties, or qualifications as the bylaws may prescribe. Cause may not be found unless written notice of the specific charges and opportunity to meet and refute such charges has been provided to the director.
(c) If a removal occurs pursuant to this subsection, a successor must be elected as provided by the bylaws of the telephone cooperative.
(2) Two-thirds of the members present and voting at a meeting legally called according to the bylaws of the telephone cooperative may remove any director, with or without cause.
HISTORY: 1994 Act No. 392, Section 1.
Structure South Carolina Code of Laws
Title 33 - Corporations, Partnerships and Associations
Chapter 46 - Telephone Cooperative Act
Section 33-46-10. Short title.
Section 33-46-20. Definitions.
Section 33-46-30. Notice of meeting; waiver.
Section 33-46-40. Subject to jurisdiction of Public Service Commission; rights and privileges.
Section 33-46-50. Title 35 not applicable to indebtedness.
Section 33-46-60. Construction of chapter.
Section 33-46-70. No repeal of provisions by implication.
Section 33-46-80. Subject to tax laws for cooperatives.
Section 33-46-100. Rights, privileges, and responsibilities.
Section 33-46-220. Organization.
Section 33-46-230. Articles of incorporation.
Section 33-46-240. Naming of telephone cooperative.
Section 33-46-300. Powers of telephone cooperatives.
Section 33-46-310. Representation of ownership interests; voting.
Section 33-46-320. Bylaws; adoption, amendment, or repeal; contents.
Section 33-46-330. Sale of assets; procedures.
Section 33-46-340. Authority to mortgage or pledge of security of assets.
Section 33-46-400. Membership of telephone cooperative.
Section 33-46-430. Voting procedures.
Section 33-46-450. Entitlement to vote; voting by proxy.
Section 33-46-470. Members and their property exempt from liability for cooperative's debts.
Section 33-46-500. Number and qualifications of directors; removal and election of successors.
Section 33-46-510. Implementation or exercise of emergency bylaws and powers.
Section 33-46-530. Indemnification of expenses of successful director's defense or proceeding.
Section 33-46-540. General standards for directors.
Section 33-46-550. Directors from different districts in service area; staggered elections.
Section 33-46-600. Requirements for amending articles of incorporation.
Section 33-46-610. Change of location of principal office; filing of certificate.
Section 33-46-620. Consolidation of cooperatives.
Section 33-46-630. Merging of cooperatives.
Section 33-46-640. Effect of consolidation or merger.
Section 33-46-650. Merger of telephone cooperative into different corporation.
Section 33-46-700. Dissolution of telephone cooperative prior to commencement of business.
Section 33-46-710. Dissolution of telephone cooperative which has commenced business.
Section 33-46-720. Recommendation of dissolution; membership vote; meeting; notice.
Section 33-46-730. Certificate of election to dissolve.
Section 33-46-740. Filing of certificate and affidavit.
Section 33-46-750. Notice of winding up proceedings.
Section 33-46-760. Directors' powers to settle affairs.
Section 33-46-770. Execution of articles of dissolution.
Section 33-46-800. Conversion of existing corporation into telephone cooperative.
Section 33-46-810. Proposed articles of conversion; contents; approval.
Section 33-46-820. Vote of members on proposed articles of conversion.
Section 33-46-830. Approved articles of conversion; execution.