South Carolina Statutes
§ 58-27-1760 — Permissible sales of securities to employees.
South Carolina·Title 58 PUBLIC UTILITIES, SERVICES AND CARRIERS·Ch. 27 ELECTRIC UTILITIES AND ELECTRIC COOPERATIVES
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.
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South Carolina § 58-27-1760 (Permissible sales of securities to employees.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1962 Code SECTION 24-86; 1953 (48) 312. ARTICLE 15 Commission Hearings, Investigations and Proceedings
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