South Carolina § 58-27-1710 - Securities shall not be issued without approval of Commission; exceptions.
Full text of South Carolina South Carolina Code of Laws § 58-27-1710 — Securities shall not be issued without approval of Commission; exceptions., with citation guidance and answers to common questions.
§ 58-27-1710. Securities shall not be issued without approval of Commission; exceptions.
No electrical utility, except a municipality, shall issue any securities without the approval of the Commission. Nothing herein contained shall apply to any issue of securities payable within one year from the date thereof, except in case of issues made to refund such short-time obligations; but such short-time obligations may be renewed by similar obligations without the approval of the Commission for an aggregate period of not exceeding two years.
HISTORY: 1962 Code SECTION 24-81; 1952 Code SECTION 24-81; 1942 Code SECTION 8555-2; 1932 (37) 1497; 1934 (38) 1452; 1935 (39) 207; 1937 (40) 493.
Source: official South Carolina text · Last verified 2026-08-27
Frequently Asked Questions About South Carolina § 58-27-1710
What does South Carolina Code of Laws § 58-27-1710 cover?
Section 58-27-1710 ("Securities shall not be issued without approval of Commission; exceptions.") 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 § 58-27-1710?
A common citation format is "South Carolina Code of Laws § 58-27-1710" (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 § 58-27-1710 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.