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First Community Corporation

 

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Title:

First Community Corporation

Entities:

First Community Corp.

Date:

2007

Size:

67KB total

Price:

$40

ID:

#3217308

 

 

► Corporate ► Bus. Formation ► Bylaws
► Financial ► Regional Banks

 

 

Start of Preview


 

 

  

BYLAWS

OF

FIRST COMMUNITY CORPORATION

Amended and Restated

November 20, 2007

 


 

 

FIRST COMMUNITY CORPORATION

TABLE OF CONTENTS

 

ARTICLE 1

 

OFFICES

1

Section 1: Registered Office and Agent

1

Section 2: Other Offices

1

   

ARTICLE 2

 

SHAREHOLDERS

1

Section 1: Place of Meetings

1

Section 2: Annual Meetings

1

Section 3: Special Meetings

1

Section 4: Notice

2

Section 5: Quorum

2

Section 6: Majority Vote; Withdrawal of Quorum

2

Section 7: Method of Voting

3

Section 8: Record Date

3

Section 9: Shareholder Proposals

3

   

ARTICLE 3

 

DIRECTORS

4

Section 1: Management

4

Section 2: Number, Classification and Terms of Office of Directors

4

Section 3: Qualifications of Directors

5

Section 4: Election of Directors

5

Section 5: Nomination of Directors

5

Section 6: Retirement of Directors

6

Section 7: Emeritus Directors

6

Section 8: Vacancies

6

Section 9: Removal of Directors

7

Section 10: Place of Meetings

7

Section 11: Regular Meetings

7

Section 12: Special Meetings

7

Section 13: Telephone and Similar Meetings

7

Section 14: Quorum; Majority Vote

7

Section 15: Compensation

8

Section 16: Procedure

8

Section 17: Action Without Meeting

8

   

ARTICLE 4

 

BOARD COMMITTEES

8

Section 1: Designation

8



 

i

 


 

Section 2: Meetings

8

Section 3: Quorum; Majority Vote

9

Section 4: Procedure

9

Section 5: Action Without Meeting

9

Section 6: Telephone and Similar Meetings

9

   

ARTICLE 5

 

OFFICERS

9

Section 1: Offices

9

Section 2: Term

1 0

Section 3: Vacancies

10

Section 4: Compensation

10

Section 5: Removal

10

Section 6: Chairman of the Board

10

Section 7: Chief Executive Officer

10

Section 8: President

10

Section 9: Vice Presidents

10

Section 10: Secretary

11

Section 11: Assistant Secretary

11

Section 12: Treasurer

11

   

ARTICLE 6

 

INDEMNIFICATION

11

Section 1: Indemnification of Directors

11

Section 2: Advancement of Expenses

12

Section 3: Indemnification of Officers, Employees and Agents

13

Section 4: Insurance

13

Section 5: Nonexclusivity of Rights; Agreements

13

Section 6: Continuing Benefits; Successors

14

Section 7: Interpretation; Construction

14

Section 8: Amendment

14

Section 9: Severability

14

   

ARTICLE 7

 

CERTIFICATES AND SHAREHOLDERS

15

Section 1: Stock Certificates

15

Section 2: Shares without Certificates

15

Section 3: Issuance of Shares

15

Section 4: Rights of Corporation with Respect to Registered Owners

15

Section 5: Registration of Transfer of Shares

15

Section 6: Lost, Stolen or Destroyed Certificates

16

Section 7: Restrictions on Shares

16

Section 8: Control Share Acquisitions Statute

16

Section 9: Voting of Stock Held

16

   


ii


ARTICLE 8

 

GENERAL PROVISIONS

17

Section 1: Distributions

17

Section 2: Books and Records

17

Section 3: Execution of Documents

17

Section 4: Fiscal Year

17

Section 5: Seal

17

Section 6: Resignation

17

Section 7: Computation of Days

17

Section 8: Amendment of Bylaws

18

Section 9: Construction

18

Section 10: Headings

18



 

iii


 

BYLAWS

OF

 

FIRST COMMUNITY CORPORATION

Amended and Restated November 20, 2007

ARTICLE 1: OFFICES

           Section 1: Registered Office and Agent. The registered office of the Corporation shall be at 1300 Sumter Street, Columbia, South Carolina 29201. The registered agent shall be Michael C. Crapps.

          
Section 2: Other Offices. The Corporation may also have offices at such other places within and without the State of South Carolina as the Board of Directors may from time to time determine or the business of the Corporation may require.
 


 

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