South Carolina Statutes
§ 33-49-1210 — Corporations permitted to convert into cooperatives.
Any corporation organized under the laws of this State for the purpose, among others, of supplying electric energy in rural areas may be converted into a cooperative and become subject to this chapter with the same effect as if originally organized under this chapter by complying with the requirements of this article.
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South Carolina § 33-49-1210 (Corporations permitted to convert into cooperatives.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1962 Code SECTION 12-1071; 1952 Code SECTION 12-1071; 1942 Code SECTION 8555-106; 1939 (41) 240.
Nearby Sections
15
§ 33-49-10
Short title.§ 33-49-100
Fees.§ 33-49-1010
Dissolution before commencing business.§ 33-49-1020
Dissolution after commencing business.§ 33-49-1030
Action of board and members.§ 33-49-1040
Certificate of dissolution and affidavit.§ 33-49-1060
Notice of winding up.§ 33-49-1070
Power of board of trustees to wind up affairs.§ 33-49-1080
Articles of dissolution.§ 33-49-110
All papers shall be filed in quadruplicate.§ 33-49-1220
Articles of conversion.§ 33-49-1230
Approval at membership meeting.