Sale, Lease, or Consolidation

  1. Law
  2. Arkansas Code
  3. Public Utilities and Regulated Industries
  4. Public Utilities And Carriers
  5. Establishment and Organization of Railroads
  6. Sale, Lease, or Consolidation

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Section
23-11-301

Authority of railroad to sell or lease road or property

Section
23-11-302

Authority to sell or lease road or property to connecting foreign railroad — Authority to acquire other railroads — Ratification

Section
23-11-303

Construction, purchase, or lease of railroad in adjoining state authorized

Section
23-11-304

Formation of connecting lines — Aid to construction of other railroad authorized

Section
23-11-305

Consolidation when lines connect at state boundary line

Section
23-11-306

Consolidation of two or more railroad companies to effect continuous line

Section
23-11-307

Consolidation with foreign corporation

Section
23-11-308

Bonds issued by leasing, purchasing, or consolidating corporation — Security for bonds

Section
23-11-309

Stockholders' consent required for purchase of stock, lease, or consolidation

Section
23-11-310

Articles of consolidation or purchase — Amount of capital stock

Section
23-11-311

Control of parallel or competing line prohibited — Contracts, etc., void — Penalties

Section
23-11-312

Rights and privileges of consolidated and purchasing companies

Section
23-11-313

Debts of purchased or consolidated companies — Claims

Section
23-11-314

Forfeiture of lease — Ouster

Section
23-11-315

Corporations formed to purchase or lease railroads — Stock issued in payment deemed fully paid shares