This excerpt taken from the SCG DEF 14A filed Mar 16, 2007.
RELATED PARTY TRANSACTIONS
We require that each senior executive officer, director and director nominee complete an annual questionnaire and report all transactions with SCANA in which such persons (or their immediate family members) had or will have a direct or indirect material interest (except for salaries, directors' fees and dividends on our stock). The Company's General Counsel reviews responses to the questionnaires, and if any such transactions are disclosed, they are reviewed by the Nominating Committee, and if appropriate, submitted to the Board for approval. The Company does not, however, have a formal written policy or procedure for approval or ratification of such transactions.
The types of transactions that have been reviewed in the past include the purchase and sale of goods, services or property from companies for which our directors serve as executive officers or directors, the purchase of financial services and access to lines of credit from banks for which our directors serve as executive officers or directors, and the employment of family members of executive officers or directors. There were no such transactions during the year ended December 31, 2006.