Limitation of amount and use of proceeds of issue.

  1. Law
  2. South Carolina Code of Laws
  3. Public Utilities, Services and Carriers
  4. Electric Utilities And Electric Cooperatives
  5. Limitation of amount and use of proceeds of issue.

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Such electrical utility shall not issue any securities in greater amounts than specified in such certificate and shall apply the proceeds of such issue to the purposes specified in its petition.

HISTORY: 1962 Code Section 24-84; 1952 Code Section 24-84; 1942 Code Section 8555-2; 1932 (37) 1497; 1934 (38) 1452; 1935 (39) 207; 1937 (40) 493.


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