All street, suburban, and interurban railroad companies may lease or sell their roads, franchises, and other property to any other company created under the laws of this state for street, suburban, or interurban railroad purposes; and their franchises and property so sold shall remain liable, in the hands of the lessee or purchaser, for all debts or claims against the company making the conveyance. Nothing in this Code section shall be construed to authorize any such company to sell, lease, or otherwise dispose of any of its property or franchises so as to defeat or lessen competition or to encourage monopoly.
Section: Previous 46-8-334 46-8-335 46-8-336 46-8-337 46-8-338 46-8-339 46-8-340 46-8-341 46-8-342 46-8-343 46-8-344 46-8-345 46-8-346 46-8-347 46-8-348 NextLast modified: October 14, 2016