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South Carolina · Through 2025 Session of the General Assembly

S.C. Code Ann. § 58-15-430: Canal companies may mortgage property and franchises and issue bonds.

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Where this section sits in the code
  1. Title 58 - PUBLIC UTILITIES, SERVICES AND CARRIERS
  2. CHAPTER 15 Railroad, Street Railway, Steamboat and Canal Companies
  3. ARTICLE 3 Provisions Affecting Canal Companies

Any canal company organized under this chapter may mortgage its property and franchises and issue bonds on such terms and conditions and for such purposes and uses of the corporation as it may from time to time deem necessary if the consent of the Commission to the issue of any bonds shall be obtained.

Collected 2026-09-02T07:56:29Z. Source file · JSON

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