In connection with such sale such city or town council may grant to the purchaser an exclusive or nonexclusive franchise for furnishing electric current or water, or both, to such city or town and the inhabitants thereof. But no such exclusive franchise shall affect any existing contractual rights and no such exclusive franchise for furnishing water shall be for a period exceeding thirty years.
S.C. Code Ann. § 5-31-1370
Grant of franchise
1962 Code SECTION 59-449; 1952 Code SECTION 59-449; 1942 Code SECTION 7277; 1932 Code SECTION 7277; 1927 (35) 176; 1930 (36) 1388; 1932 (37) 1128.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.