Every permit or franchise hereafter granted to any electrical utility, either by the State or any municipality thereof, shall have the effect of an indeterminate permit which shall continue in effect until terminated as provided by this chapter or by any lawful forfeiture of the right of such electrical utility to continue to conduct its business in this State.
S.C. Code Ann. § 58-27-420
Franchises and permits shall be indeterminate
1962 Code SECTION 24-22; 1952 Code SECTION 24-22; 1942 Code SECTION 8555-3; 1932 (37) 1497.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.