South Carolina Statutes

§ 58-9-310 — Sale or other disposition of property, powers, franchises or privileges.

South Carolina·Title 58 PUBLIC UTILITIES, SERVICES AND CARRIERS·Ch. 9 TELEPHONE, TELEGRAPH AND EXPRESS COMPANIES
No telephone utility, without the approval of the Commission after due hearing and compliance with all other existing requirements of the laws of the State in relation thereto, may sell, transfer, lease, consolidate, or merge its property, powers, franchises, or privileges or any of them; provided, however, that a telephone cooperative association may acquire or incorporate a subsidiary corporation or a subsidiary cooperative association without the approval of the Commission.

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South Carolina § 58-9-310 (Sale or other disposition of property, powers, franchises or privileges.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

HISTORY: 1962 Code SECTION 58-381; 1952 Code SECTION 58-381; 1950 (46) 2466; 1983 Act No. 67 SECTION 3, eff May 26, 1983.

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