South Carolina Statutes
§ 58-15-220 — Reserved right of taxation.
South Carolina·Title 58 PUBLIC UTILITIES, SERVICES AND CARRIERS·Ch. 15 RAILROAD, STREET RAILWAY, STEAMBOAT AND CANAL COMPANIES
The State reserves the right to declare its policy in reference to the method of taxation to be applied to corporations chartered hereunder and to impose upon and collect such license or royalties upon corporations organized hereunder and the business authorized to be conducted as it may deem wise.
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South Carolina § 58-15-220 (Reserved right of taxation.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1962 Code SECTION 58-673; 1952 Code SECTION 58-673; 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.
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.