Duty of Loyalty
Summary
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.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2026
Committee Review
Floor Vote
Governor
Introduced Jan 13, 2026
Last action Jan 13, 2026
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
4
Key actions
0
Committee
2
Jan 13, 2026
House · Referred to committee
Referred to Committee on Judiciary
Jan 13, 2026
House · Introduced
Introduced and read first time
Dec 16, 2025
House · Referred to committee
Referred to Committee on Judiciary
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Bill Herbkersman
RRepublican
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