The Commission shall have no power to declare any rate, toll, charge or fare or any maximum rate, toll, charge or fare contained in, or provided for, by any franchise or ordinance, whereby any municipality, prior to March 24, 1922, has given any public utility the right to use the streets or public places of such municipality for any purpose, to be unreasonable and noncompensatory when such ordinance or franchise has been, prior to March 24, 1922, accepted by such public utility.
S.C. Code Ann. § 58-5-60
Exemption of certain rates, tolls, charges, or fares set by franchise or ordinance from declaration of unreasonableness by Commission
1962 Code SECTION 58-105; 1952 Code SECTION 58-105; 1942 Code SECTION 8213; 1932 Code SECTION 8262; 1922 (32) 943; 1923 (33) 183; 1935 (39) 25.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.