UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934

 

 

Date of Report: March 15,2016

 

BANK OF SOUTH CAROLINA CORPORATION

 

(Exact name of registrant as specified in its charter)

 

South Carolina 0-27702 57-1021355
(State or other jurisdiction
of incorporation)		 (Commission
File Number)		 (I.R.S. Employer
Identification No.)

 

256 Meeting Street, Charleston, SC 29401 29401
(Address of principal executive offices) (Zip Code)

 

(843)724-1500

Registrant’s telephone number, including area code

 

 

 

(Former name or former address, if changed since last report.)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13a-4(c))

 

 

 

 

Item 5.02Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

Bank of South Carolina Corporation announces that David R. Schools Director of Bank of South Carolina Corporation, resigned from the Board of Directors of Bank of South Carolina Corporation and its subsidiary, The Bank of South Carolina, effective March 11, 2016. Mr. Schools’ decision to resign from the Board was not the result of any disagreement with the Company on any matter relating to its operations, policies or practices.

 

 

Signature

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  Date: March 15, 2016  
     
     
  /s/Sheryl G. Sharry  
  Sheryl G. Sharry  
  Chief Financial Officer/Executive Vice President