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: September 18, 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 September 18, 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. 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: September 18, 2008 /s/ William L. Hiott, Jr. --------------------------------------- William L. Hiott, Jr. Executive Vice President and Treasurer