South Carolina Voting and Proxy Agreement

State:
Multi-State
Control #:
US-EG-9182
Format:
Word; 
Rich Text
Instant download

Description

Form of Corporate Voting and Proxy Agreement between ________ (stockholder), Cenex Harvest States Cooperative and Sparta Foods, Inc. dated 00/00. 3 pages
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FAQ

Current through 2023 Act No. 102. Section 33-44-202 - Organization (a) One or more persons may organize a limited liability company, consisting of one or more members, by delivering articles of organization to the office of the Secretary of State for filing.

Chapter 44 - Uniform Limited Liability Company Act Of 1996. Section 33-44-1002. Application for certificate of authority. (8) whether the members of the company are to be liable for its debts and obligations under a provision similar to Section 33-44-303(c).

S.C. Code Ann. § 33-44-504(e) provides that Section is the exclusive remedy by which a judgment creditor may satisfy a judgment out of the distributional interests in an LLC.

(a) Unless prohibited or limited by the articles or bylaws, any action that may be taken at any annual, regular, or special meeting of members may be taken without a meeting if the corporation delivers a written or electronic ballot to every member entitled to vote on the matter.

Specifically, Section 33-44-303 of the South Carolina Code of Laws provides that the liabilities of the LLC are solely the liabilities of the company, and a member or manager is not personally liable for them solely by reason of being or acting as a member or a manager.

Code § 56-5-4110. Current through 2023 Act No. 102. No person shall operate on any highway any vehicle with any load unless such load and any covering thereon is securely fastened so as to prevent such covering or load from becoming loose, detached or in any manner a hazard to other users of the highway.

South Carolina Code of Laws Sections 33-44-108 through 33-44-111 contain the state law governing registered agents for limited liability companies. This includes the need to have an agent and office for service of process, the procedures for changing the agent or office, and what an agent must do to resign.

SECTION 33-44-111. Service of process. (a) An agent for service of process appointed by a limited liability company or a foreign limited liability company is an agent of the company for service of any process, notice, or demand required or permitted by law to be served upon the company.

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South Carolina Voting and Proxy Agreement