§ 58-17-1110 Powers and authority conferred by chapter additional
§ 58-17-1120 General corporate powers
§ 58-17-1130 Execution of mortgages; issuance of bonds
§ 58-17-1140 Certain mortgages shall secure certain previous bonds and other debts
§ 58-17-1150 Acquisition of land and rights-of-way
§ 58-17-1160 Acquisition of rights-of-way around tracks
§ 58-17-1170 Crossing or connecting with other railroads; purchase, sale, lease or consolidation of property and franchises
§ 58-17-1180 Extension of lines and construction and extension of branches; rights and restrictions in acquiring rights-of-way
§ 58-17-1190 Relocation of lines and other changes in tracks and facilities
§ 58-17-1200 Acquisition of real estate for relocation of lines and other changes in tracks and facilities
§ 58-17-1210 Operation of sections of road completed or acquired

Terms Used In South Carolina Code > Title 58 > Chapter 17 > Article 9 - General Powers of Railroads

  • 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.
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • 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.