Binding date of purchase at judicial sale

1. Law
2. Louisiana Laws
3. Revised Statutes
4. Public Utilities and Carriers
5. Binding date of purchase at judicial sale

RS 619 - Binding date of purchase at judicial sale

Any purchase at judicial sale by any railway corporation approved by two-thirds of the capital stock of such purchasing company in a stockholders' meeting, duly convened and held, is valid and binding from the date of the purchase.

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