Consolidation, Merger, Surrender of Franchise, and Dissolution of Companies

  1. Law
  2. Georgia Code
  3. Public Utilities and Public Transportation
  4. Railroad Companies
  5. Incorporation and Consolidation of Railroad Companies and Requirements as to Directors and Officers
  6. Consolidation, Merger, Surrender of Franchise, and Dissolution of Companies

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Section
46-8-70

Application by Railroad Company That Company Surrender Its Franchises and Cease Performing as a Common Carrier; Hearing Before Commission; Effect of Outstanding Debts on Company

Section
46-8-71

Dissolution of Railroad Corporation Generally

Section
46-8-72

Adoption of Resolution for Dissolution by Board of Directors; Meeting of Stockholders to Consider Resolution; Filing of Petition for Dissolution With Secretary of State

Section
46-8-73

Contents of Petition for Dissolution; Certification Resolution Recommending Dissolution; Attachment of Resolution to Petition; Verification of Petition; Fee for Filing Petition

Section
46-8-74

Advertisement of Petition for Dissolution

Section
46-8-75

Transfer of Copy of Petition From Secretary of State to Commission

Section
46-8-76

Investigation by Commission of Proposed Dissolution; Issuance of Certificate Approving or Disapproving Application for Dissolution; Transfer of Certificate; Filing of Duplicate Certificate; Effect of Disapproval

Section
46-8-77

Certification by Judge of the Probate Court of the Fact of Advertisement of Petition; Filing of Certificate With Secretary of State

Section
46-8-78

Order of Secretary of State Accepting Surrender of Charter and Franchises and Dissolving Corporation; Recording of Petition, Certificate of Approval, Certificate of Publication, and Order by Secretary of State

Section
46-8-79

Effect of Issuance of Order of Dissolution and Payment of Fees

Section
46-8-80

Contracts Between Railroad Companies for Merger, Consolidation, Lease, or Purchase for Purposes of Connecting the Roads of the Companies

Section
46-8-81

Consolidation, Merger, Lease, or Purchase of Railroad Companies Whose Roads Form a Continuous Line; Issuance of Stocks and Bonds by Consolidated Companies

Section
46-8-82

Forfeiture of Powers, Privileges, and Certificate of Incorporation for Failure to Construct and Operate 15 Miles of Road Within Three Years; Extension of Time for Construction and Operation of Road