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Section 33-7-260. Action by single and multiple voting groups.

SC Code § 33-7-260 (2019) (N/A)
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(a) If the articles of incorporation or Chapters 1 through 20 of this Title provides for voting by a single voting group on a matter, action on that matter is taken when voted upon by that voting group as provided in Section 33-7-250.

(b) If the articles of incorporation or Chapters 1 through 20 of this Title provides for voting by two or more voting groups on a matter, action on that matter is taken only when voted upon by each of those voting groups counted separately as provided in Section 33-7-250. Action may be taken by one voting group on a matter even though no action is taken by another voting group entitled to vote on the matter.

HISTORY: 1988 Act No. 444, Section 2.

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Section 33-7-250. Quorum and voting requirements for voting groups.
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Section 33-7-270. Greater quorum or voting requirements.