Consolidated corporation shall not acquire greater rights than those of consolidating corporations.

  1. Law
  2. South Carolina Code of Laws
  3. Public Utilities, Services and Carriers
  4. The General Railroad Law
  5. Consolidated corporation shall not acquire greater rights than those of consolidating corporations.

Checkout our iOS App for a better way to browser and research.

No new consolidated corporation coming into existence under this article shall thereby acquire any extraordinary rights, privileges and exemptions not enjoyed by one or more of the companies consolidating under their respective charters.

HISTORY: 1962 Code Section 58-927; 1952 Code Section 58-927; 1942 Code Section 8292-3; 1932 Code Section 8240; Civ. C. '22 Section 4804; Civ. C. '12 Section 3135; Civ. C. '02 Section 2060; G. S. 1434; R. S. 1624; 1881 (17) 798.


Download our app to see the most-to-date content.