Derivative suits may be maintained on behalf of South Carolina corporations in federal and state court in accordance with the applicable rules of civil procedure.
HISTORY: 1988 Act No. 444, Section 2.
Structure South Carolina Code of Laws
Title 33 - Corporations, Partnerships and Associations
Section 33-7-101. Annual meeting.
Section 33-7-102. Special meeting.
Section 33-7-103. Court-ordered meeting.
Section 33-7-104. Action without meeting.
Section 33-7-105. Notice of meeting.
Section 33-7-106. Waiver of notice.
Section 33-7-107. Record date.
Section 33-7-200. Shareholders' list for meeting.
Section 33-7-210. Voting entitlement of shares.
Section 33-7-230. Shares held by nominees.
Section 33-7-240. Corporation's acceptance of votes.
Section 33-7-250. Quorum and voting requirements for voting groups.
Section 33-7-260. Action by single and multiple voting groups.
Section 33-7-270. Greater quorum or voting requirements.
Section 33-7-280. Voting for directors; cumulative voting.
Section 33-7-300. Voting trusts.