South Carolina House Bill 5276 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 2-0)
Status: Introduced on February 25 2020 - 25% progression, died in committee
Action: 2020-02-25 - Referred to Committee on Judiciary
Pending: House Judiciary Committee
Text: Latest bill text (Introduced) [HTML]

Amend The Code Of Laws Of South Carolina, 1976, By Adding Subarticle B To Article 11, Chapter 31, Title 33 So As To Provide For The Conversion Of A Nonprofit Corporation To A Limited Liability Company; To Designate The Existing Sections Of Article 11, Chapter 31, Title 33 As Subarticle A, Entitled "mergers, Generally"; To Amend Section 33-11-101, Relating To Mergers, So As To Provide That A Corporation May Convert To A Limited Liability Corporation; To Amend Section 33-31-1101, Relating To The Approval Of A Plan Of Merger, So As To Provide For The Approval Of A Merger Plan For A South Carolina Nonprofit Corporation; And To Amend Section 33-31-1102, Relating To The Limitations On Mergers By Public Benefits Or Religious Corporations, So As To Make Conforming Changes.

Nonprofit corporation

Rep. Jason Elliott [R]

Rep. Max Hyde [R]

Date	Chamber	Action
2020-02-25	House	Referred to Committee on Judiciary
2020-02-25	House	Introduced and read first time

S1090 (Similar To) 2020-02-06 - Referred to Committee on Labor, Commerce and Industry

Chapter	Article	Section	Citation Type	Statute Text
33	11	101	(n/a)	See Bill Text
33	31	1101	(n/a)	See Bill Text
33	31	1102	(n/a)	See Bill Text

Type	Source
Summary	https://www.scstatehouse.gov/billsearch.php?billnumbers=5276&session=123&summary=B
Text	https://www.scstatehouse.gov/sess123_2019-2020/prever/5276_20200225.htm