Mount Vintage Plantation & Golf Club was drenched by heavy rains that moved through South Carolina in the morning. The start of the round was pushed back three times until players finally teed off at 1:54 p.m. EDT.
Moodie had a two-shot lead over Davies at the start of the round but saw that margin disappear as Davies made back-to-back birdies from the second.
The duo was knotted at 8-under-par until Moodie made an aggressive play at the par-5 sixth. The Scot went for the green in two and landed the ball within three feet of the cup for an eagle.
Moodie increased the lead to three with a birdie at the 13th and stood at 11-under-par as play was called for the day.
'We called it right there,' said Moodie. 'We all decided, yes, this is it.'
Catriona Matthew was at 7-under through 15 holes. She was joined by Grace Park, who was at 7-under through 13 holes.
Annika Sorenstam, six shots off the lead after the second round, was making a move with four birdies over 14 holes before play was stopped.
'It was a late start today, but I was able to get the roll out of the greens,' said Sorenstam, who was at minus 6. 'I am happy because I played solid out there. Obviously, I am glad they called it because it was getting dark fast out there.'
Amy Fruhwirth was able to complete her round. She had six birdies and two bogeys for a round of 68 to move to 2-under-par 214. Fruhwirth was joined in the clubhouse by Brandie Burton, who shot a round of 69.
A total of 39 players remained on the course as the horn sounded. They will return to complete the third round Sunday morning at 8:00 a.m. The final round is scheduled to start at approximately 10:45 a.m.
This is the third straight week in which an LPGA event has been affected by inclement weather. The Chick-fil-A Charity Championship was reduced to 36 holes after torrential rains ravaged the golf course over the first two days of the tournament. Last week at the Aerus Electrolux USA Championship, the second round was delayed due to rain.
'Usually when we come to town, it always rains, so if there is an area that has a drought, the LPGA should definitely play there because it will get rain,' said Fruhwirth.