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 58-15-180 - Stockholders' preemptive right

S.C. Code § 58-15-180

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Current through 2024 Act No. 225.
Section 58-15-180 - Stockholders' preemptive right

When any corporation organized under the provisions of this chapter or any corporation whose charter may be amended hereunder shall increase its capital stock its stockholders shall be given the preference of taking the increase in proportion to the amount of stock they may individually own.

S.C. Code § 58-15-180

1899 (23) 68; Civ. C. '02 Section 1927; Civ. C. '12 Section 2884; Civ. C. '22 Section 4370; 1932 Code Section 8190; 1942 Code Section 8190; 1952 Code Section 58-669; 1962 Code Section 58-669.