§ 58-15-10 Petition for incorporation of railroad, street railway, steamboat or canal company
§ 58-15-20 Publication of notice of application
§ 58-15-30 Opponents of application may appear; action on application
§ 58-15-40 Issuance of commission to incorporators; authorization for opening books of subscription after giving of notice
§ 58-15-50 Manner in which subscriptions shall be payable; action against subscriber for failure to perform
§ 58-15-60 Organization of company
§ 58-15-70 Filing and contents of incorporators’ return
§ 58-15-80 Effect of failure to file return within twelve months
§ 58-15-90 Issuance of charter
§ 58-15-100 Recordation and filing of charter and other documents
§ 58-15-110 Effect of irregularity in incorporation
§ 58-15-120 Incorporators shall turn over subscription lists and other papers to corporation
§ 58-15-130 Forfeiture of charter for failure to commence or complete construction or operation within certain time
§ 58-15-140 Capital stock shall not be issued until price paid; exception
§ 58-15-150 Railroads may issue no par common stock
§ 58-15-160 Manner in which charters may be amended
§ 58-15-170 Stockholders’ meeting shall authorize amendment
§ 58-15-180 Stockholders’ preemptive right
§ 58-15-190 Duration of charters
§ 58-15-200 Fees shall be paid into State Treasury
§ 58-15-210 Charters subject to repeal, alteration or amendment
§ 58-15-220 Reserved right of taxation
§ 58-15-240 Fictitious increase of stock or indebtedness shall be void
§ 58-15-250 Stockholder entitled to one vote for each share of stock held or owned by him
§ 58-15-260 Stock transfer shall be valid, except between parties, only if entered on corporation’s books
§ 58-15-270 Stockholder’s right to inspect books
§ 58-15-410 Powers of canal companies
§ 58-15-420 Rights to compensation for damages not affected
§ 58-15-430 Canal companies may mortgage property and franchises and issue bonds
§ 58-15-440 State may acquire property of canal companies
§ 58-15-450 Transfer or other disposition of canal rights of State
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Terms Used In South Carolina Code > Title 58 > Chapter 15 > Article 1 - Incorporation and Organization Generally

  • Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Oath: A promise to tell the truth.