South Carolina Code > Title 58 > Chapter 9 > Article 1 – Telephone Companies-General Provisions
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In South Carolina Code > Title 58 > Chapter 9 > Article 1 - Telephone Companies-General Provisions
- 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.
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.