South Carolina Statutes
§ 58-15-430 — Canal companies may mortgage property and franchises and issue bonds.
South Carolina·Title 58 PUBLIC UTILITIES, SERVICES AND CARRIERS·Ch. 15 RAILROAD, STREET RAILWAY, STEAMBOAT AND CANAL COMPANIES
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.
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South Carolina § 58-15-430 (Canal companies may mortgage property and franchises and issue bonds.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
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.
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.