2017 South Carolina Code of Laws
Title 58 - Public Utilities, Services and Carriers
CHAPTER 27 - ELECTRIC UTILITIES AND ELECTRIC COOPERATIVES
Section 58-27-1750. Certain sales of securities by or to employees prohibited.
No electrical utility shall:
(1) Permit any employee to sell, offer for sale or solicit the purchase of any security of such utility or of any other person or corporation during such hours as such employee is engaged to perform any duty of such electrical utility;
(2) By any means or device whatsoever require any employee to purchase or contract to purchase any of its securities or those of any other person or corporation; nor
(3) Require any employee to permit the deduction from his wages or salary of any sum as a payment or to be applied as a payment on any purchase or contract to purchase any security of such electrical utility or of any other person or corporation.
HISTORY: 1962 Code Section 24-85; 1952 Code Section 24-85; 1942 Code Section 8555-2; 1932 (37) 1497; 1934 (38) 1452; 1935 (39) 207; 1937 (40) 493.
