South Carolina Statutes
§ 33-49-1310 — Foreign rural electric cooperatives may do business in State.
Any corporation organized on a nonprofit or a cooperative basis for the purpose of furnishing electric energy to persons in rural areas who are not receiving central station service and owning and operating electric transmission or distribution lines in a state adjacent to this State shall be permitted to extend its lines into and to transact business in this State without complying with any statute of this State pertaining to the qualification of foreign corporations for the transaction of business in this State.
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South Carolina § 33-49-1310 (Foreign rural electric cooperatives may do business in State.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1962 Code SECTION 12-1081; 1952 Code SECTION 12-1081; 1942 Code SECTION 8555-116; 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.