South Carolina Code of Laws
Chapter 49 - Electric Cooperatives
Section 33-49-250. Powers of cooperative.

In addition to the powers conferred on all private corporations by Section 33-3-102, a cooperative has power:
(1) to generate, manufacture, purchase, acquire, accumulate, and transmit electric energy and to distribute, sell, supply, and dispose of electric energy to its members, to governmental agencies and political subdivisions, and to other persons not in excess of ten percent of the number of its members; provided, however, that the foregoing members, governmental agencies, political subdivisions, other persons, or the premises to be served must be located in an area a cooperative is permitted to serve pursuant to Section 58-27-610 through Section 58-27-670 or by the provisions of this chapter. Subject to the provisions of Section 58-27-1360, the act of incorporating or annexing into a city or town an area in which the cooperative is serving constitutes the consent of the governing body of such city or town for the cooperative to continue serving all premises then being served by the cooperative and such cooperative is empowered to so serve. A cooperative shall not extend service to any premises initially requiring electric service after February 19, 2004 in any part of any city or town unless: (a) such premises is within the municipal limits of the city or town as those municipal limits existed on February 19, 2004 and either: (i) the cooperative was the principal supplier of electricity to the city or town or (ii) the cooperative had the legal right to serve such premises prior to February 19, 2004, and the cooperative is empowered to so serve unless the governing body of such city or town directs otherwise; or (b) such premises is located in an area annexed or incorporated after February 19, 2004 and is either: (i) within an area assigned to the cooperative by the commission pursuant to Act 432 of 1969, prior to annexation or incorporation, including corridors which lie within the boundaries of the cooperative's assigned territory, and the act of incorporating or annexing such area constitutes the consent of the governing body of such city or town for the cooperative to provide such service and the cooperative is empowered to so serve unless the governing body of the city or town directs otherwise; or (ii) within an area left unassigned by the commission prior to annexation or incorporation, including corridors which lie within the boundaries of the unassigned territory, and the act of incorporating or annexing such area constitutes the consent of the governing body of such city or town for the cooperative to provide such service and the cooperative is empowered to so serve unless the governing body of such city or town directs otherwise. However, a cooperative is not empowered to serve premises first requiring service after annexation into a city or town in which the city or town or a board of public works or a commission of public works provides electric service unless the governing body of the city or town grants its consent to such service by ordinance and the board or commission of public works, if any, authorizes such service by contract. Provided, further, that a cooperative is not empowered to furnish electrical service to any premises first requiring service in an area annexed by a municipality or incorporated after February 19, 2004 where such premises is located: (a) in an area assigned by the commission prior to annexation or incorporation to an electric supplier other than a cooperative or (b) in a corridor lying within the boundaries of an area assigned by the commission prior to annexation or incorporation to an electric supplier other than a cooperative. In the event of a violation of the provisions of this subsection, the municipality or any affected board of public works or commission of public works or any affected supplier of electricity may institute an action in the court of common pleas of the county in which the violation occurs to compel compliance with the provisions of this subsection;
(2) to make loans to persons to whom electric energy is or will be supplied by the cooperative for the purpose of, and otherwise to assist such person in, wiring their premises and installing therein electric and plumbing fixtures, appliances, apparatus, and equipment of any and all kinds and character and, in connection therewith, to purchase, acquire, lease, sell, distribute, install, and repair such electric and plumbing fixtures, appliances, apparatus, and equipment and to accept or otherwise acquire and to sell, assign, transfer, endorse, pledge, hypothecate, and otherwise dispose of notes, bonds, and other evidences of indebtedness and any and all types of security therefor;
(3) to make loans to persons to whom electric energy is or will be supplied by the cooperative for the purpose of, and otherwise to assist such persons in, constructing, maintaining, and operating electric refrigeration plants;
(4) to become a member in one or more other cooperatives or corporations or to own stock therein;
(5) to construct, purchase, take, receive, lease as lessee or otherwise acquire, to own, hold, use, equip, maintain, and operate and to sell, assign, transfer, convey, exchange, lease as lessor, mortgage, pledge, or otherwise dispose of or encumber electric transmission and distribution lines or systems, electric generating plants, electric refrigeration plants, lands, buildings, structures, dams, plants, and equipment, and any and all kinds and classes of real or personal property whatsoever which shall be deemed necessary, convenient, or appropriate to accomplish the purpose for which the cooperative is organized;
(6) to purchase or otherwise acquire, to own, hold, use, and exercise and to sell, assign, transfer, convey, mortgage, pledge, hypothecate, or otherwise dispose of or encumber franchises, rights, privileges, licenses, rights of way, and easements;
(7) to borrow money and otherwise contract indebtedness, to issue notes, bonds, and other evidences of indebtedness therefor and to secure the payment thereof by mortgage, pledge, deed of trust, or any other encumbrance upon any and all of its then owned or after-acquired real or personal property, assets, franchises, revenues, or income;
(8) to construct, maintain, and operate electric transmission and distribution lines along, upon, under, and across all public thoroughfares including, without limitation of the generality of the foregoing, all roads, highways, streets, alleys, bridges, and causeways and upon, under, and across all publicly-owned lands, subject, however, to the requirements in respect of the use of such thoroughfares and lands that are imposed by the respective authorities having jurisdiction thereof upon corporations constructing or operating electric transmission and distribution lines or systems;
(9) to exercise the power of eminent domain in the manner provided by the laws of this State for the exercise of that power by corporations constructing or operating electric transmission and distribution lines or systems;
(10) to conduct its business and exercise any or all of its powers within or without this State;
(11) to do and perform any and all other acts and things and to have and exercise any and all other powers which may be necessary, convenient, or appropriate to accomplish the purpose for which the cooperative is organized; and
(12) to wholly or partially own, lease, maintain, construct, install, operate, and replace a broadband network directly or indirectly as provided for and subject to the limitations and requirements set forth in Article 25, Chapter 9, Title 58.
HISTORY: 1962 Code Section 12-1025; 1952 Code Section 12-1025; 1942 Code Section 8555-93; 1939 (41) 240; 1963 (53) 495; 2004 Act No. 179, Section 5; 2020 Act No. 175 (H.3780), Section 4, eff September 29, 2020.

Code Commissioner's Note
2004 Act No. 179, Section 9.(B), directed the Code Commissioner to change all references in this section to "effective date of this act" or "effective date of this enactment" to the actual effective date of 2004 Act No. 179 which took effect without the Governor's signature on February 19, 2004.
Editor's Note
2020 Act No. 175, Section 6, provides as follows:
"SECTION 6. This act does not convey or confer any implied or express grant of authority to an investor-owned electric utility to provide broadband facilities or broadband services as defined in this act and any legal rights which may or may not belong to investor-owned electric utilities to provide broadband facilities or broadband services at the time of the passage of this act are neither expanded nor contracted by its passage."
Effect of Amendment
2020 Act No. 175, Section 4, in (10), deleted "and" at the end; in (11), added "and" at the end; and added (12).

Structure South Carolina Code of Laws

South Carolina Code of Laws

Title 33 - Corporations, Partnerships and Associations

Chapter 49 - Electric Cooperatives

Section 33-49-10. Short title.

Section 33-49-20. Definitions.

Section 33-49-30. Waiver of notice.

Section 33-49-40. Acknowledgments.

Section 33-49-50. Exemption from control of Public Service Commission.

Section 33-49-60. Uniform Securities Act provisions are not applicable.

Section 33-49-70. Recording of mortgages; effect thereof.

Section 33-49-80. Filing of papers by Secretary of State.

Section 33-49-90. Transmission and filing certified copies of articles in clerks' offices.

Section 33-49-100. Fees.

Section 33-49-110. All papers shall be filed in quadruplicate.

Section 33-49-120. Cooperatives and foreign corporations shall be subject to all taxes except income taxes.

Section 33-49-130. Construction of chapter.

Section 33-49-140. Certain rights and agreements not affected.

Section 33-49-150. Authority and jurisdiction over electric cooperatives.

Section 33-49-160. Association requirements and conduct.

Section 33-49-210. Purpose of organization under this chapter.

Section 33-49-220. Organizers.

Section 33-49-230. Articles of incorporation.

Section 33-49-240. Name of cooperative.

Section 33-49-250. Powers of cooperative.

Section 33-49-255. Restrictions on interruption of electric service to residential customer for nonpayment of bill; exceptions.

Section 33-49-260. Sale of assets.

Section 33-49-270. Mortgage or pledge of assets.

Section 33-49-280. Bylaws.

Section 33-49-410. Membership.

Section 33-49-420. Meetings.

Section 33-49-430. Quorum.

Section 33-49-440. Voting.

Section 33-49-450. Disposition of propositions presented by not less than ten per cent of members.

Section 33-49-460. Patronage capital contributions, allocations, and retirements.

Section 33-49-470. Liability of members.

Section 33-49-610. Trustees.

Section 33-49-615. Disclosure of compensation and benefits.

Section 33-49-620. Voting districts for trustees and for delegates.

Section 33-49-621. Single-member voting districts.

Section 33-49-625. Notice, votes, and minutes.

Section 33-49-630. Compensation or employment of trustee; actions and conduct prohibited.

Section 33-49-640. Annual election and term of trustees.

Section 33-49-645. Conduct of elections.

Section 33-49-650. Division of trustees into classes.

Section 33-49-660. Quorum of trustees.

Section 33-49-670. Officers and employees.

Section 33-49-680. Definitions; indemnification of officers, trustees, employees, and agents, insurance.

Section 33-49-690. Immunity.

Section 33-49-810. Amendment of articles of incorporation.

Section 33-49-820. Change of principal office.

Section 33-49-830. Consolidation of cooperatives.

Section 33-49-840. Merger into another cooperative.

Section 33-49-850. Effect of consolidation or merger.

Section 33-49-1010. Dissolution before commencing business.

Section 33-49-1020. Dissolution after commencing business.

Section 33-49-1030. Action of board and members.

Section 33-49-1040. Certificate of dissolution and affidavit.

Section 33-49-1050. Filing of certificate and affidavit; effect thereof.

Section 33-49-1060. Notice of winding up.

Section 33-49-1070. Power of board of trustees to wind up affairs.

Section 33-49-1080. Articles of dissolution.

Section 33-49-1210. Corporations permitted to convert into cooperatives.

Section 33-49-1220. Articles of conversion.

Section 33-49-1230. Approval at membership meeting.

Section 33-49-1240. Execution of articles and affidavit; submission to Secretary of State.

Section 33-49-1310. Foreign rural electric cooperatives may do business in State.

Section 33-49-1320. Designation of Secretary of State as agent to accept service of process.

Section 33-49-1330. Suits; securing evidences of indebtedness.

Section 33-49-1410. Definitions.

Section 33-49-1420. Termination procedures; contents.

Section 33-49-1430. Third-party notification system.

Section 33-49-1440. Disconnection when public safety emergency exists.

Section 33-49-1450. Private right of action; duty of care.