Telephone Cooperative Act

  1. Law
  2. South Carolina Code of Laws
  3. Corporations, Partnerships and Associations
  4. Telephone Cooperative Act

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Section
33-46-10

Short title.

Section
33-46-20

Definitions.

Section
33-46-30

Notice of meeting; waiver.

Section
33-46-40

Subject to jurisdiction of Public Service Commission; rights and privileges.

Section
33-46-50

Title 35 not applicable to indebtedness.

Section
33-46-60

Construction of chapter.

Section
33-46-70

No repeal of provisions by implication.

Section
33-46-80

Subject to tax laws for cooperatives.

Section
33-46-90

Filing of articles of incorporation, amendments, consolidations, mergers, conversions, or dissolutions and certificates of elections.

Section
33-46-100

Rights, privileges, and responsibilities.

Section
33-46-210

Purpose.

Section
33-46-220

Organization.

Section
33-46-230

Articles of incorporation.

Section
33-46-240

Naming of telephone cooperative.

Section
33-46-300

Powers of telephone cooperatives.

Section
33-46-310

Representation of ownership interests; voting.

Section
33-46-320

Bylaws; adoption, amendment, or repeal; contents.

Section
33-46-330

Sale of assets; procedures.

Section
33-46-340

Authority to mortgage or pledge of security of assets.

Section
33-46-400

Membership of telephone cooperative.

Section
33-46-420

Meetings.

Section
33-46-430

Voting procedures.

Section
33-46-440

Quorum.

Section
33-46-450

Entitlement to vote; voting by proxy.

Section
33-46-460

Distribution of excess revenue; allocation of patronage capital; retirement of patronage capital

Section
33-46-470

Members and their property exempt from liability for cooperative's debts.

Section
33-46-500

Number and qualifications of directors; removal and election of successors.

Section
33-46-510

Implementation or exercise of emergency bylaws and powers.

Section
33-46-520

Immunity.

Section
33-46-530

Indemnification of expenses of successful director's defense or proceeding.

Section
33-46-540

General standards for directors.

Section
33-46-550

Directors from different districts in service area; staggered elections.

Section
33-46-560

Quorum.

Section
33-46-570

Officers.

Section
33-46-600

Requirements for amending articles of incorporation.

Section
33-46-610

Change of location of principal office; filing of certificate.

Section
33-46-620

Consolidation of cooperatives.

Section
33-46-630

Merging of cooperatives.

Section
33-46-640

Effect of consolidation or merger.

Section
33-46-650

Merger of telephone cooperative into different corporation.

Section
33-46-700

Dissolution of telephone cooperative prior to commencement of business.

Section
33-46-710

Dissolution of telephone cooperative which has commenced business.

Section
33-46-720

Recommendation of dissolution; membership vote; meeting; notice.

Section
33-46-730

Certificate of election to dissolve.

Section
33-46-740

Filing of certificate and affidavit.

Section
33-46-750

Notice of winding up proceedings.

Section
33-46-760

Directors' powers to settle affairs.

Section
33-46-770

Execution of articles of dissolution.

Section
33-46-800

Conversion of existing corporation into telephone cooperative.

Section
33-46-810

Proposed articles of conversion; contents; approval.

Section
33-46-820

Vote of members on proposed articles of conversion.

Section
33-46-830

Approved articles of conversion; execution.