Limitation of amount and use of proceeds of issue.

S.C. Code Ann. § 58-27-1740
in effect
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Such electrical utility shall not issue any securities in greater amounts than specified in such certificate and shall apply the proceeds of such issue to the purposes specified in its petition.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.scstatehouse.gov/code/t58c027.phpFetched: 10/17/2026

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