Section 58-17-4170. Forfeiture of charter for repeated violations of law.

SC Code § 58-17-4170 (2019) (N/A)
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Whenever a railroad corporation of this State has repeatedly and wilfully violated any of the provisions of this chapter, and has been found guilty or judgment had against it within this State of the violation more than once or penalties have been recovered in penal actions for the violations more than once, the commission may, if it thinks it consistent with the public interest, instruct the Office of Regulatory Staff to proceed against the corporation, in any court of competent jurisdiction, by an information in the nature of a quo warranto, alleging such convictions or recoveries as cause of forfeiture of its charter of incorporation and upon proof of such facts there shall be judgment of ouster and final execution as in other cases of proceedings by quo warranto.

HISTORY: 1962 Code Section 58-1273; 1952 Code Section 58-1273; 1942 Code Section 8460; 1932 Code Section 8477; Civ. C. '22 Section 5013; Civ. C. '12 Section 3315; Civ. C. '02 Section 2209; G. S. 1546; R. S. 1742; 1881 (17) 841; 2006 Act No. 318, Section 142, eff May 24, 2006.