Statutes, codes, and regulations
Code of Laws of South Carolina 1976
Title 58 - PUBLIC UTILITIES, SERVICES AND CARRIERSChapter 17 - THE GENERAL RAILROAD LAW
Article 3 - INCORPORATION AND OPERATION BY PURCHASER OF RAILROAD
Section 58-17-310 - Purchaser of railroad shall reorganize and commence operation within sixty days; exceptions

S.C. Code § 58-17-310

Download
PDF
Current through 2024 Act No. 225.
Section 58-17-310 - Purchaser of railroad shall reorganize and commence operation within sixty days; exceptions

Any person acquiring any railroad within this State by purchase, foreclosure, or otherwise shall organize under the provisions of this article and put into operation such road within sixty days from the purchase or acquisition thereof.

The provisions of this section do not apply to acquisitions of railroads by merger or consolidation.

S.C. Code § 58-17-310

1994 Act No. 479, Section 1, eff 7/14/1994; 1897 (22) 533; Civ. C. '02 Section 2043; Civ. C. '12 Section 3117; Civ. C. '22 Section 4786; 1932 Code Section 8222; 1942 Code Section 8277; 1952 Code Section 58-901; 1962 Code Section 58-901.