Purchaser of railroad shall reorganize and commence operation within sixty days; exceptions.

S.C. Code Ann. § 58-17-310
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
Any person acquiring any railroad within this State by purchase, foreclosure, or otherwise shall organize under the provisions of this article and put into operation such road within sixty days from the purchase or acquisition thereof. The provisions of this section do not apply to acquisitions of railroads by merger or consolidation.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.scstatehouse.gov/code/t58c017.phpFetched: 10/17/2026

Starting a business in South Carolina? South Carolina LLC guide: costs and requirements