South Carolina § 58-27-1710 Securities shall not be issued without approval of Commission; exceptions.

South Carolina Statutes

§ 58-27-1710 — Securities shall not be issued without approval of Commission; exceptions.

South Carolina § 58-27-1710

Title 58PUBLIC UTILITIES, SERVICES AND CARRIERS

Ch. 27ELECTRIC UTILITIES AND ELECTRIC COOPERATIVES

This text of South Carolina § 58-27-1710 (Securities shall not be issued without approval of Commission; exceptions.) is published on Counsel Stack Legal Research, covering South Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

S.C. Code Ann. § 58-27-1710 (2026).

Text

No electrical utility, except a municipality, shall issue any securities without the approval of the Commission. Nothing herein contained shall apply to any issue of securities payable within one year from the date thereof, except in case of issues made to refund such short-time obligations; but such short-time obligations may be renewed by similar obligations without the approval of the Commission for an aggregate period of not exceeding two years.

Free access — add to your briefcase to read the full text and ask questions with AI

No electrical utility, except a municipality, shall issue any securities without the approval of the Commission. Nothing herein contained shall apply to any issue of securities payable within one year from the date thereof, except in case of issues made to refund such short-time obligations; but such short-time obligations may be renewed by similar obligations without the approval of the Commission for an aggregate period of not exceeding two years.