{"data":{"id":"us-sc/s.c.-code-ann.-58-27-1710","jurisdiction":"us-sc","citation":"S.C. Code Ann. § 58-27-1710","heading":"Securities shall not be issued without approval of Commission; exceptions.","body":"No electrical utility, except a municipality, shall issue any securities without the approval of the Commission. Nothing herein contained shall apply to any issue of securities payable within one year from the date thereof, except in case of issues made to refund such short-time obligations; but such short-time obligations may be renewed by similar obligations without the approval of the Commission for an aggregate period of not exceeding two years.","path":["Title 58 - PUBLIC UTILITIES, SERVICES AND CARRIERS","CHAPTER 27 Electric Utilities and Electric Cooperatives","ARTICLE 13 Issuance and Sales of Securities"],"source_url":"https://www.scstatehouse.gov/code/t58c027.php","current_through":"2025 Session of the General Assembly","vintage":"","retrieved_at":"2026-09-02T07:56:54Z","sha256":"83e2f64bd15a980cd5c5e69da307a83f656affe68964099d0f4ea60cbe68eb63","source_id":"us-sc","stale":false,"prev":"us-sc/s.c.-code-ann.-58-27-1590","next":"us-sc/s.c.-code-ann.-58-27-1720"},"notice":"GroundRules: Original legal text. Not legal advice."}