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 20, 2008
BANK OF SOUTH CAROLINA CORPORATION
(Exact name of registrant as specified in its charter)
South Carolina 0-27702 57-1021355
(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
256 Meeting Street, Charleston, SC 29401
--------------------------------------------------------------------------------
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (843)724-1500
-----------------------------
--------------------------------------------------------------------------------
(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 (see General Instruction A.2. below):
|_| 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 240.13e-4(c))
Item 8.01 OTHER EVENTS
On March 20, 2008 the Bank of South Carolina Corporation issued a press release
announcing a $.16 stock dividend. The information contained in the press release
is deemed to be "filed" under the Securities Exchange Act of 1934 as Item 8.01
to this report, and such press release is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits
(c) Exhibits
The following is filed as part of this report.
Exhibit 99.1 Press release dated March 20, 2008
SIGNATURES
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.
Bank of South Carolina Corporation
(Registrant)
Date: March 20, 2008
/s/ William L. Hiott, Jr.
-------------------------
William L. Hiott, Jr.
Executive Vice President and Treasurer