South Carolina § 12-37-1630 - Valuation and allocation.
Full text of South Carolina South Carolina Code of Laws § 12-37-1630 — Valuation and allocation., with citation guidance and answers to common questions.
§ 12-37-1630. Valuation and allocation.
In ascertaining the value of the road and property of any railroad company the value of the right of way, bed and track of the whole road shall be fixed and such value apportioned pro rata to each mile of the main track. And to the value of the number of miles of main track in each town or city of each county in this State through and into which such road is located shall be added the value of the real estate, fixtures, stationary engines, tools, implements, machinery and other stationary property provided for use in the daily operations of the road situate in such town or city. The total value of the rolling stock, moneys and credits shall be apportioned pro rata to each mile of the main track of such road and the amount thereof, according to the number of miles of main track in each town or city in this State, added to the value of the main track in each town or city respectively. And the aggregate value of such road and property in this State and in each county, city or town of this State through or into which such road is located shall be stated in such return.
HISTORY: 1962 Code SECTION 65-1673; 1952 Code SECTION 65-1673; 1942 Code SECTION 2638; 1932 Code SECTION 2638; Civ. C. '22 SECTION 375; Civ. C. '12 SECTION 308; Civ. C. '02 SECTION 279; G. S. 182; R. S. 236; 1881 (17) 993.
Source: official South Carolina text · Last verified 2026-08-27
Frequently Asked Questions About South Carolina § 12-37-1630
What does South Carolina Code of Laws § 12-37-1630 cover?
Section 12-37-1630 ("Valuation and allocation.") is part of the South Carolina Code of Laws, the codified statutory law of South Carolina. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite South Carolina § 12-37-1630?
A common citation format is "South Carolina Code of Laws § 12-37-1630" (South Carolina). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of South Carolina law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Carolina official source linked on this page or consult a licensed South Carolina attorney.
How does South Carolina § 12-37-1630 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Carolina can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in South Carolina.