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Session 110 - (1993-1994)Printer Friendly
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S*1313 (Rat #0551, Act #0479 of 1994) General Bill, By Land
Similar (H 5015)
    A Bill to amend Section 58-17-310, Code of Laws of South Carolina, 1976, relating to the requirement that a purchaser of a railroad shall reorganize and commence operation within sixty days, so as to provide that a purchase for purposes of this Section includes a foreclosure and to provide that the provisions of this Section do not apply to acquisitions of railroads by merger or consolidation, and to amend Sections 58-17-610 and 58-17-620, relating to merger or consolidation of railroad companies, so as to provide that the merger of railroad companies and the procedures therefor shall be governed by the provisions of the South Carolina Business Corporation Act, and the consolidation of railroad companies and the procedures therefor shall continue to be governed by the provisions of the General Railroad Law.
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03/30/94Senate Introduced and read first time SJ-10
03/30/94Senate Referred to Committee on Transportation SJ-10
04/21/94Senate Committee report: Favorable Transportation SJ-30
04/26/94Senate Read second time SJ-53
04/27/94Senate Read third time and sent to House SJ-40
04/28/94House Introduced and read first time HJ-302
04/28/94House Referred to Committee on Labor, Commerce and Industry HJ-302
05/04/94House Committee report: Favorable Labor, Commerce and Industry
05/26/94House Read second time HJ-36
05/26/94House Unanimous consent for third reading on next legislative day HJ-36
05/27/94House Read third time and enrolled HJ-3
06/02/94 Ratified R 551
07/14/94 Signed By Governor
07/14/94 Effective date 07/14/94
07/26/94 Act No. 479
07/26/94 Copies available



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