Statutes, codes, and regulations
Code of Laws of South Carolina 1976
Title 58 - PUBLIC UTILITIES, SERVICES AND CARRIERSChapter 15 - RAILROAD, STREET RAILWAY, STEAMBOAT AND CANAL COMPANIES
Article 1 - INCORPORATION AND ORGANIZATION GENERALLY
Section 58-15-150 - Railroads may issue no par common stock

S.C. Code § 58-15-150

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Current through 2024 Act No. 225.
Section 58-15-150 - Railroads may issue no par common stock

A railroad corporation may issue common stock in shares having no par value on stating in its declaration and petition the number of such shares to be issued in lieu of the par value thereof and the minimum and maximum amount thereof.

S.C. Code § 58-15-150

1927 (35) 30; 1921 (32) 146; 1899 (23) 64; Civ. C. '02 Section 1917; Civ. C. '12 Section 2873; Civ. C. '22 Section 4359; 1932 Code Section 8179; 1942 Code Section 8179; 1952 Code Section 58-666; 1962 Code Section 58-666.