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S.C. Code Ann. § 58-7-50

Lease of property of gas company

1962 Code SECTION 58-153; 1952 Code SECTION 58-153; 1942 Code SECTION 8187; 1932 Code SECTION 8187; Civ

Except as prohibited in section 7, article 9 of the Constitution of 1895, any gas company organized under the laws of this State may lease its property and franchises to any other gas company, upon such terms as may be agreed upon by a majority of the stockholders at a special meeting held after thirty days' advertisement thereof.

Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.