Updated on August 26th, 2022
South Carolina corporate bylaws are created during the inception of a corporation to lay out internal company rules and regulations. The document details how meetings should be organized, which board members are needed to execute essential documents, and how board members are nominated. The bylaws provide a clear understanding of how a corporation will do business and reduces the chance of any conflicts between upper management.
The provisions provided in the form may be amended with the majority approval of shareholders and/or the board of directors (as relayed in the bylaws document).
Bylaws required? Yes (§ 33-2-106)