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§ 58-17-940 — South Carolina Law | CourtGPT
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  6. § 58-17-940
South Carolina Legal Code

§ 58-17-940

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On the application in writing of a director or of any person or persons owning one-fiftieth part of the entire paid-in capital stock of any corporation operating a railroad or the bonds or other evidences of indebtedness of the corporation equal in amount to one-fiftieth part of its paid-in capital stock, the Office of Regulatory Staff must make an examination into the books of the corporation. HISTORY: 1962 Code Section 58-944; 1952 Code Section 58-944; 1942 Code Section 8292-25; 1932 Code Section 8286; Civ. C. '22 Section 4834; Civ. C. '12 Section 3158; Civ. C. '02 Section 2080; G. S. 1468; R. S. 1643; 1881 (17) 821; 2006 Act No. 318, Section 116, eff May 24, 2006.