South Carolina General Assembly
123rd Session, 2019-2020

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Indicates Matter Stricken
Indicates New Matter

S. 264

STATUS INFORMATION

General Bill
Sponsors: Senator Goldfinch
Document Path: l:\council\bills\nl\13768sd19.docx

Introduced in the Senate on January 8, 2019
Currently residing in the Senate Committee on Labor, Commerce and Industry

Summary: Nonprofit organizations

HISTORY OF LEGISLATIVE ACTIONS 

     Date      Body   Action Description with journal page number
-------------------------------------------------------------------------------
  12/12/2018  Senate  Prefiled
  12/12/2018  Senate  Referred to Committee on Labor, Commerce and Industry
    1/8/2019  Senate  Introduced and read first time (Senate Journal-page 158)
    1/8/2019  Senate  Referred to Committee on Labor, Commerce and Industry 
                        (Senate Journal-page 158)

View the latest legislative information at the website

VERSIONS OF THIS BILL

12/12/2018

(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

A BILL

TO AMEND SECTION 33-31-620, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO RESIGNATION OF MEMBERS OF NONPROFIT CORPORATIONS, SO AS TO PROVIDE THAT A MEMBER'S RESIGNATION DOES NOT RELIEVE THE MEMBER FROM ANY SPECIAL ASSESSMENTS AS WELL AS ACCRUED OBLIGATIONS THE MEMBER MAY HAVE TO THE CORPORATION, AND TO PROVIDE THAT THE CORPORATION MUST USE DUE DILIGENCE TO REDUCE AND ELIMINATE, IF POSSIBLE, ONGOING AND REOCCURRING MEMBERSHIP DUES OBLIGATIONS OF A RESIGNED MEMBER.

Be it enacted by the General Assembly of the State of South Carolina:

SECTION    1.    Section 33-31-620 of the 1976 Code is amended to read:

"Section 33-31-620.    (a) A member may resign at any time.

(b) The resignation of a member does not relieve the member from any accrued obligations or special assessments the member may have to the corporation as a result of obligations incurred, assessments levied, or commitments made before resignation. The corporation must use due diligence to reduce and eliminate, if possible, ongoing and recurring membership dues obligations of a resigned member."

SECTION    2.    This act takes effect upon approval by the Governor.

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This web page was last updated on January 18, 2019 at 3:21 PM