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                                 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: December 18, 2008

                       BANK OF SOUTH CAROLINA CORPORATION
             (Exact name of registrant as specified in its charter)


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


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


Registrant's telephone number, including area code          (843)724-1500
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         (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))

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Item 8.01 OTHER EVENTS

On December 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.


Item 9.01 Financial Statements and Exhibits.




                                   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
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                                         (Registrant)


                                         Date: December 18, 2008

                                         /s/ William L. Hiott, Jr.
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                                         William L. Hiott, Jr.
                                         Executive Vice President and Treasurer