South Carolina § 58-27-1760 Permissible sales of securities to employees.

South Carolina Statutes

§ 58-27-1760 — Permissible sales of securities to employees.

South Carolina § 58-27-1760

Title 58PUBLIC UTILITIES, SERVICES AND CARRIERS

Ch. 27ELECTRIC UTILITIES AND ELECTRIC COOPERATIVES

This text of South Carolina § 58-27-1760 (Permissible sales of securities to employees.) 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. § 58-27-1760 (2026).

Text

Operating electrical utility companies may offer to their employees opportunities to purchase their securities, and may permit deductions from their wages or salaries to be applied on the payment of such purchases; provided that such offers shall permit only bona fide voluntary action on the part of the employees, and shall in no way require or coerce any employee into entering into or subscribing to any such plan.

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

Operating electrical utility companies may offer to their employees opportunities to purchase their securities, and may permit deductions from their wages or salaries to be applied on the payment of such purchases; provided that such offers shall permit only bona fide voluntary action on the part of the employees, and shall in no way require or coerce any employee into entering into or subscribing to any such plan.