SC S1090 | 2019-2020 | 123rd General Assembly

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 6 2020 - 25% progression, died in committee
Action: 2020-02-06 - Referred to Committee on Labor, Commerce and Industry
Pending: Senate Labor, Commerce and Industry Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amend Article 11, Chapter 31, Title 33 Of The 1976 Code, Relating To Mergers Under The South Carolina Nonprofit Corporation Act, By Adding Subarticle B, To Provide For The Conversion Of A Nonprofit Corporation To A Limited Liability Company, Requirements For A Plan Of Conversion, And The Effect Of Conversion; And To Amend Section 33-31-1101 Of The 1976 Code, Relating To The Approval Of A Plan Of Merger Under The South Carolina Nonprofit Corporation Act, Section 33-31-1102 Of The 1976 Code, Relating To Limitations On Mergers By Public Benefit Or Religious Corporations, And Section 33-11-101 Of The 1976 Code, Relating To Mergers For Corporations, Partnerships, And Associations, To Make Conforming Changes.

Tracking Information

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Title

Nonprofit corporations

Sponsors


History

DateChamberAction
2020-02-06SenateReferred to Committee on Labor, Commerce and Industry
2020-02-06SenateIntroduced and read first time

Same As/Similar To

H5276 (Similar To) 2020-02-25 - Referred to Committee on Judiciary

Code Citations

ChapterArticleSectionCitation TypeStatute Text
3311101(n/a)See Bill Text
33311101(n/a)See Bill Text
33311102(n/a)See Bill Text

South Carolina State Sources


Bill Comments

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