S.C. Code § 58-9-20
Companies subject to Articles 1 through 13 of this chapter even before commencing operations
South Carolina · South Carolina Code Title 58, Chapter 9 — Telephone, Telegraph and Express Companies · Status: effective
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- S.C. Code § 58-9-20, Companies subject to Articles 1 through 13 of this chapter even before commencing operations, South Carolina, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1591977
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Corporations formed to acquire property or to transact business which would be subject to the provisions of Articles 1 through 13 of this chapter and corporations possessing franchises, powers or privileges for any of the purposes contemplated by Articles 1 through 13 of this chapter shall be deemed to be subject to the provisions of Articles 1 through 13 of this chapter, although no property may have been acquired, business transacted or franchises, powers or privileges exercised.