South Carolina Statutes
§ 58-17-680 — Consolidated corporation shall not acquire greater rights than those of consolidating corporations.
No new consolidated corporation coming into existence under this article shall thereby acquire any extraordinary rights, privileges and exemptions not enjoyed by one or more of the companies consolidating under their respective charters.
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South Carolina § 58-17-680 (Consolidated corporation shall not acquire greater rights than those of consolidating corporations.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1962 Code SECTION 58-927; 1952 Code SECTION 58-927; 1942 Code SECTION 8292-3; 1932 Code SECTION 8240; Civ. C. '22 SECTION 4804; Civ. C. '12 SECTION 3135; Civ. C. '02 SECTION 2060; G. S. 1434; R. S. 1624; 1881 (17) 798.
Nearby Sections
15
§ 58-17-10
Definitions.§ 58-17-110
Mandamus to require compliance with law.§ 58-17-1120
General corporate powers.§ 58-17-1130
Execution of mortgages; issuance of bonds.§ 58-17-1150
Acquisition of land and rights-of-way.§ 58-17-1160
Acquisition of rights-of-way around tracks.