South Carolina Statutes
§ 58-15-110 — Effect of irregularity in incorporation.
South Carolina·Title 58 PUBLIC UTILITIES, SERVICES AND CARRIERS·Ch. 15 RAILROAD, STREET RAILWAY, STEAMBOAT AND CANAL COMPANIES
No irregularity in complying with the provisions of Sections 58-15-10 to 58-15-100 shall be held to vitiate the corporation until a direct proceeding to set aside and annul the charter be instituted by the proper authority of the State and all acts done and contracts entered into by any such de facto corporation shall have the same force and effect as if no irregularity had existed.
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South Carolina § 58-15-110 (Effect of irregularity in incorporation.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1962 Code SECTION 58-662; 1952 Code SECTION 58-662; 1942 Code SECTION 8184; 1932 Code SECTION 8184; Civ. C. '22 SECTION 4364; Civ. C. '12 SECTION 2878; Civ. C. '02 SECTION 1922; 1899 (23) 64.
Nearby Sections
15
§ 58-15-110
Effect of irregularity in incorporation.§ 58-15-1120
County where violation deemed committed.§ 58-15-1130
Taking part in violations shall be unlawful.§ 58-15-150
Railroads may issue no par common stock.§ 58-15-1540
Eliminated crossings shall be closed.