No new consolidated corporation coming into existence under this article shall thereby acquire any extraordinary rights, privileges and exemptions not enjoyed by one or more of the companies consolidating under their respective charters.
S.C. Code Ann. § 58-17-680
Consolidated corporation shall not acquire greater rights than those of consolidating corporations
1962 Code SECTION 58-927; 1952 Code SECTION 58-927; 1942 Code SECTION 8292-3; 1932 Code SECTION 8240; Civ
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.