South Carolina § 58-5-50 - Exemption of certain term contracts from declaration of unreasonableness by Commission.
Full text of South Carolina South Carolina Code of Laws § 58-5-50 — Exemption of certain term contracts from declaration of unreasonableness by Commission., with citation guidance and answers to common questions.
§ 58-5-50. Exemption of certain term contracts from declaration of unreasonableness by Commission.
Nothing contained in Articles 1, 3 and 5 of this chapter shall authorize the Commission to declare any rate, toll, charge or fare contained in any contract voluntarily entered into prior to March 24, 1922 for a term of years by and between any public utility and any person or corporation, whether public, private or municipal, for the sale and purchase of gas, or other commodity, the subject of such contract, to be unreasonable and noncompensatory without the consent of both parties to such contract.
HISTORY: 1962 Code SECTION 58-104; 1952 Code SECTION 58-104; 1942 Code SECTION 8213; 1932 Code SECTION 8262; 1922 (32) 938; 1923 (33) 183; 1935 (39) 25.
Source: official South Carolina text · Last verified 2026-08-27
Frequently Asked Questions About South Carolina § 58-5-50
What does South Carolina Code of Laws § 58-5-50 cover?
Section 58-5-50 ("Exemption of certain term contracts from declaration of unreasonableness by Commission.") 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 § 58-5-50?
A common citation format is "South Carolina Code of Laws § 58-5-50" (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 § 58-5-50 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.