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South Carolina · Through 2025 Session of the General Assembly

S.C. Code Ann. § 58-23-340: Alienation or lease of certificates issued after July 1, 1983.

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Where this section sits in the code
  1. Title 58 - PUBLIC UTILITIES, SERVICES AND CARRIERS
  2. CHAPTER 23 Motor Vehicle Carriers
  3. ARTICLE 3 Issuance and Revocation of Certificates

Notwithstanding custom or usage or any regulation, or other provision of law, it is unlawful for any person to sell, lease, or otherwise transfer a certificate of public convenience and necessity issued or authorized to be issued after July 1, 1983, under the provisions of Chapter 23 of Title 58 for money, goods, services, or any other thing of value. A certificate may be transferred incident to the sale or lease of property or assets owned or used by a regulated motor carrier, provided the approval of the commission for the transfer of the certificate is first obtained and that the certificate itself is not transferred for value or utilized to enhance the value of other property transferred. Nothing herein shall effect the sale, lease, or otherwise transfer of a certificate of public convenience and necessity issued prior to July 1, 1983.

Collected 2026-09-02T07:56:44Z. Source file · JSON

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