South Carolina § 33-44-1206 - Transitional provisions.
Full text of South Carolina South Carolina Code of Laws § 33-44-1206 — Transitional provisions., with citation guidance and answers to common questions.
§ 33-44-1206. Transitional provisions.
(a) Before January 1, 2001, this chapter governs only a limited liability company organized:
(1) after the effective date of this chapter, unless the company is continuing the business of a dissolved limited liability company under Section 33-43-901.3; and
(2) before the effective date of this chapter, which elects, as provided by subsection (c), to be governed by this chapter.
(b) On and after January 1, 2001, this chapter governs all limited liability companies.
(c) Before January 1, 2001, a limited liability company voluntarily may elect, in the manner provided in its operating agreement or by law for amending the operating agreement, to be governed by this chapter.
(d) Before January 1, 2001, this chapter governs only a foreign limited liability company which applies for a certificate of authority (or amended certificate) to transact business in this State after the effective date of this chapter, or which first transacts business in this State after the effective date of this chapter.
(e) Notwithstanding any other provision of this chapter, after January 1, 2001, the Secretary of State may commence a proceeding to dissolve a limited liability company under Section 33-44-809, if the company was formed prior to the effective date of this act and its articles of organization are not in conformity with Section 33-44-203.
(f) Notwithstanding any other provision of this chapter, after January 1, 2001, the Secretary of State may revoke a foreign limited liability company's certificate of authority under Section 33-44-1006, if the company was granted a certificate of authority prior to the effective date of this act and its latest application for a certificate or amended certificate of authority does not set forth the information required by Section 33-44-1002.
HISTORY: 1996 Act No. 343, SECTION 2.
Frequently Asked Questions About South Carolina § 33-44-1206
What does South Carolina Code of Laws § 33-44-1206 cover?
Section 33-44-1206 ("Transitional provisions.") 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 § 33-44-1206?
A common citation format is "South Carolina Code of Laws § 33-44-1206" (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 § 33-44-1206 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.