§ 58-17-310 Purchaser of railroad shall reorganize and commence operation within sixty days; exceptions
§ 58-17-320 Penalties for failure to reorganize
§ 58-17-330 Reorganization provisions not applicable to certain sidetracks or spur tracks
§ 58-17-340 Formation of corporation following purchase of railroad by virtue of mortgage or deed of trust by filing certificate
§ 58-17-350 Maximum amount of capital stock which may be named in certificate; increase
§ 58-17-360 Persons signing certificate shall be body corporate; powers
§ 58-17-370 Powers, rights and the like of corporation organized under article
§ 58-17-380 Adoption of bylaws, rules and regulations by corporation
§ 58-17-390 Amount of capital stock corporation may issue
§ 58-17-400 Issuance and sale of bonds; execution of mortgage or deed of trust to secure payment of bonds
§ 58-17-410 Sinking fund
§ 58-17-420 Charter subject to amendment, alteration or repeal by State
§ 58-17-430 Certificate as evidence of incorporation

Terms Used In South Carolina Code > Title 58 > Chapter 17 > Article 3 - Incorporation and Operation by Purchaser of Railroad

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Personal property: All property that is not real property.