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2013 South Carolina Code of Laws
Title 58 - Public Utilities, Services and Carriers
CHAPTER 15 - RAILROAD, STREET RAILWAY, STEAMBOAT AND CANAL COMPANIES
SECTION 58-15-430. Canal companies may mortgage property and franchises and issue bonds.


SC Code § 58-15-430 (2013) What's This?

Any canal company organized under this chapter may mortgage its property and franchises and issue bonds on such terms and conditions and for such purposes and uses of the corporation as it may from time to time deem necessary if the consent of the Commission to the issue of any bonds shall be obtained.

HISTORY: 1962 Code Section 58-693; 1952 Code Section 58-693; 1942 Code Section 8179; 1932 Code Section 8179; Civ. C. '22 Section 4359; Civ. C. '12 Section 2873; Civ. C. '02 Section 1917; 1899 (23) 64; 1921 (32) 146; 1927 (35) 30.

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