South CarolinaH 4659126th General Assembly (2025-2026)House

A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 33-44-409, RELATING TO GENERAL STANDARDS OF MEMBERS' AND MANAGERS' CONDUCT, SO AS TO PROVIDE AN EXEMPTION FOR A MEMBER'S DUTY OF LOYALTY TO A MEMBER-MANAGED COMPANY AND ITS MEMBERS UNDER CERTAIN CONDITIONS.

Sponsored By: William G. "Bill" Herbkersman (Republican)

In Committee

Summary

Duty of Loyalty

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • William G. "Bill" Herbkersman

    Republican • House

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

No roll call votes available for this bill.

Actions Timeline

  1. Referred to Committee on Judiciary

    1/13/2026House
  2. Introduced and read first time

    1/13/2026House
  3. Referred to Committee on Judiciary

    12/16/2025House
  4. Prefiled

    12/16/2025House

Bill Text

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