CHAPTER 31. CORPORATIONS.

§31-2-11. Consolidation of railroad properties.

Any railroad company in this state may, with the assent and approval of the Public Service Commission, consolidate its properties and franchises with the property and franchises of another railroad company or other railroad companies, or obtain the possession and control of the lines and tracks of another railroad company or of other railroad companies, by purchase or lease, whether such railroads are or are not parallel or competing lines.

Bills Affecting §31-2-11

2003 Regular Session: HB3108
2005 Regular Session: SB229
2010 Regular Session: HB4590
2010 Regular Session: SB624
2017 Regular Session: HB3093