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2013 South Carolina Code of Laws
Title 58 - Public Utilities, Services and Carriers
CHAPTER 17 - THE GENERAL RAILROAD LAW
SECTION 58-17-310. Purchaser of railroad shall reorganize and commence operation within sixty days; exceptions.


SC Code § 58-17-310 (2013) What's This?

Any person acquiring any railroad within this State by purchase, foreclosure, or otherwise shall organize under the provisions of this article and put into operation such road within sixty days from the purchase or acquisition thereof.

The provisions of this section do not apply to acquisitions of railroads by merger or consolidation.

HISTORY: 1962 Code Section 58-901; 1952 Code Section 58-901; 1942 Code Section 8277; 1932 Code Section 8222; Civ. C. '22 Section 4786; Civ. C. '12 Section 3117; Civ. C. '02 Section 2043; 1897 (22) 533; 1994 Act No. 479, Section 1, eff July 14, 1994.

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