South Carolina Code of Laws
Chapter 2 - Control Share Acquisitions; Business Combinations
Section 35-2-213. "Resident domestic corporation" defined.

(a) As used in this article, "resident domestic corporation" means a domestic corporation that has a class of voting shares registered with the Securities and Exchange Commission or another federal agency under Section 12 of the 1934 Exchange Act.
(b) A resident domestic corporation does not cease to be a resident domestic corporation by reason of events occurring or actions taken while the resident domestic corporation is subject to this article.
HISTORY: 1988 Act No. 444, Section 5, eff April 22, 1988; 1990 Act No. 446, Section 10, eff May 7, 1990.
Effect of Amendment
The 1990 amendment revised, in subsection (a), the definition of "resident domestic corporation".

Structure South Carolina Code of Laws

South Carolina Code of Laws

Title 35 - Securities

Chapter 2 - Control Share Acquisitions; Business Combinations

Section 35-2-101. "Control shares" defined.

Section 35-2-102. "Control share acquisition" defined.

Section 35-2-103. "Interested shares" defined; "Exchange Act" defined.

Section 35-2-104. "Issuing public corporation" defined.

Section 35-2-105. Voting rights under Section 35-2-109.

Section 35-2-106. Acquiring person statement.

Section 35-2-107. Special meeting of shareholders.

Section 35-2-108. Notice of shareholder meeting.

Section 35-2-109. Voting rights of acquired control shares; resolution.

Section 35-2-110. Redemption of acquired control shares.

Section 35-2-111. Dissenters' rights; "fair value" defined.

Section 35-2-201. "Affiliate" defined.

Section 35-2-202. "Announcement date" defined.

Section 35-2-203. "Associate" defined.

Section 35-2-204. "Beneficial owner" defined.

Section 35-2-205. "Business combination" defined.

Section 35-2-206. "Common stock" defined.

Section 35-2-207. "Consummation date" defined.

Section 35-2-208. "Control" defined.

Section 35-2-209. "Exchange Act" defined.

Section 35-2-210. "Interested shareholder" defined.

Section 35-2-211. "Market value" defined.

Section 35-2-212. "Preferred stock" defined.

Section 35-2-213. "Resident domestic corporation" defined.

Section 35-2-214. "Share" defined.

Section 35-2-215. "Share acquisition date" defined.

Section 35-2-216. "Subsidiary" defined.

Section 35-2-217. "Voting shares" defined.

Section 35-2-218. Business combination with interested shareholder within two years of share acquisition date.

Section 35-2-219. Business combination with interested shareholder; requirements.

Section 35-2-220. Amendment of articles of incorporation making corporation subject to this article; application of article.

Section 35-2-221. Election not to be covered by this article; application of article.

Section 35-2-222. Inadvertent interested shareholder; application of article.

Section 35-2-223. Interested shareholder on the effective date of this chapter; application of article.

Section 35-2-224. Applicability to foreign corporations.

Section 35-2-225. Severability.

Section 35-2-226. Conflict of laws with respect to foreign corporations.