2013 South Carolina Code of Laws
Title 58 - Public Utilities, Services and Carriers
CHAPTER 17 - THE GENERAL RAILROAD LAW
SECTION 58-17-680. Consolidated corporation shall not acquire greater rights than those of consolidating corporations.


SC Code § 58-17-680 (2013) What's This?

No new consolidated corporation coming into existence under this article shall thereby acquire any extraordinary rights, privileges and exemptions not enjoyed by one or more of the companies consolidating under their respective charters.

HISTORY: 1962 Code Section 58-927; 1952 Code Section 58-927; 1942 Code Section 8292-3; 1932 Code Section 8240; Civ. C. '22 Section 4804; Civ. C. '12 Section 3135; Civ. C. '02 Section 2060; G. S. 1434; R. S. 1624; 1881 (17) 798.

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