South Carolina § 33-6-260 - Shares without certificates.
Full text of South Carolina South Carolina Code of Laws § 33-6-260 — Shares without certificates., with citation guidance and answers to common questions.
§ 33-6-260. Shares without certificates.
(A) Unless the articles of incorporation or bylaws provide otherwise, the board of directors of a corporation may authorize the issue of some or all of the shares of any or all of its classes or series without certificates to the extent that investment securities not evidenced by certificates are authorized by Chapter 8 of Title 36 of the South Carolina Uniform Commercial Code. The authorization does not affect shares already represented by certificates until the shares or certificates are surrendered to the corporation.
(B) Within a reasonable time after the issue or transfer of shares to a shareholder without certificates, the corporation must send the shareholder a written statement containing the information required on a certification by Section 33-6-250(b) and (c) and Section 33-6-270, if applicable.
HISTORY: Derived from 1976 Code SECTION 33-9-110 [1962 Code SECTION 12-15.10; 1952 Code SECTION 12-241; 1942 Code SECTION 7681; 1932 Code SECTION 7681; Civ. C. '22 SECTION 4255; Civ. C. '12 SECTION 2788; Civ. C. '02 SECTION 1847; R. S. 1503; 1905 (24) 872; 1929 (36) 144; 1957 (50) 61; 1962 (52) 1996; 1981 Act No. 146, SECTION 2; Repealed, 1988 Act No. 444, SECTION 2]; 1988 Act No. 444, SECTION 2; 2001 Act No. 67, SECTION 10; 2004 Act No. 221, SECTION 13.
Source: official South Carolina text · Last verified 2026-08-27
Frequently Asked Questions About South Carolina § 33-6-260
What does South Carolina Code of Laws § 33-6-260 cover?
Section 33-6-260 ("Shares without certificates.") is part of the South Carolina Code of Laws, the codified statutory law of South Carolina. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite South Carolina § 33-6-260?
A common citation format is "South Carolina Code of Laws § 33-6-260" (South Carolina). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of South Carolina law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Carolina official source linked on this page or consult a licensed South Carolina attorney.
How does South Carolina § 33-6-260 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Carolina can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in South Carolina.