S.C. Code Ann. § 34-26-640
Meetings of board; frequency of meetings
Effective May 6, 20211996 Act No. 371, Section 1, eff May 29, 1996; 2018 Act No. 186 (S.337), Section 3, eff May 15, 2018; 2021 Act No. 30 (S.467), Section 16, eff May 6, 2021.
- (A) The board of directors shall meet as often as necessary and at least quarterly.
- (B) Unless the bylaws provide otherwise, one regular meeting each calendar year must be conducted in person. If a quorum is present in person for the annual in person meeting, then the remaining board members may participate using audio or video teleconference methods. The other regular meetings may be conducted using audio or video teleconference methods.
HISTORY: 1996 Act No. 371, Section 1, eff May 29, 1996; 2018 Act No. 186 (S.337), Section 3, eff May 15, 2018; 2021 Act No. 30 (S.467), Section 16, eff May 6, 2021.
Effect of Amendment
2018 Act No. 186, Section 3, inserted the (A) designator and added (B), relating to meeting requirements.
2021 Act No. 30, Section 16, in (A), substituted "as often as necessary and at least quarterly" for "at least monthly and at other times as is necessary".