Incorporation and Organization Generally | Midpage

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South Carolina Code of Laws

Article 1

Incorporation and Organization Generally

58-15-10Petition for incorporation of railroad, street railway, steamboat or canal company 58-15-20Publication of notice of application 58-15-30Opponents of application may appear; action on application 58-15-40Issuance of commission to incorporators; authorization for opening books of subscription after giving of notice 58-15-50Manner in which subscriptions shall be payable; action against subscriber for failure to perform 58-15-60Organization of company 58-15-70Filing and contents of incorporators' return 58-15-80Effect of failure to file return within twelve months 58-15-90Issuance of charter 58-15-100Recordation and filing of charter and other documents 58-15-110Effect of irregularity in incorporation 58-15-120Incorporators shall turn over subscription lists and other papers to corporation 58-15-130Forfeiture of charter for failure to commence or complete construction or operation within certain time 58-15-140Capital stock shall not be issued until price paid; exception 58-15-150Railroads may issue no par common stock 58-15-160Manner in which charters may be amended 58-15-170Stockholders' meeting shall authorize amendment 58-15-180Stockholders' preemptive right 58-15-190Duration of charters 58-15-200Fees shall be paid into State Treasury 58-15-210Charters subject to repeal, alteration or amendment 58-15-220Reserved right of taxation 58-15-230Repealed by 1981 Act No. 114, Section 1, eff June 16, 1981 58-15-240Fictitious increase of stock or indebtedness shall be void 58-15-250Stockholder entitled to one vote for each share of stock held or owned by him 58-15-260Stock transfer shall be valid, except between parties, only if entered on corporation's books 58-15-270Stockholder's right to inspect books