• § 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
  (a) Any railroad corporation chartered by the Secretary of State and owning and operating in this state any railroad, other than a street railroad,...
• § 46-8-71 - Dissolution of Railroad Corporation Generally
  A railroad corporation which is organized under the laws of this state and chartered by the Secretary of State and which has surrendered its...
• § 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
  If the board of directors of a railroad corporation organized under the laws of this state deems it desirable that the corporation be dissolved,...
• § 46-8-73 - Contents of Petition for Dissolution; Certification Resolution Recommending Dissolution; Attachment of Resolution to Petition; Verification of Petition; Fee for Filing Petition
  (a) The petition for dissolution shall include: (1) The name of the corporation; (2) The date upon which its charter was granted; (3) A...
• § 46-8-74 - Advertisement of Petition for Dissolution
  When the petition for dissolution is filed, the Secretary of State shall certify one of the copies thereof and shall deliver the same to...
• § 46-8-75 - Transfer of Copy of Petition From Secretary of State to Commission
  Immediately upon the filing of the petition for dissolution, the Secretary of State shall transmit one copy thereof to the Public Service Commission for
• § 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
  (a) Upon receipt of the copy of the petition for dissolution, the commission shall immediately investigate or cause an investigation to be made, and...
• § 46-8-77 - Certification by Judge of the Probate Court of the Fact of Advertisement of Petition; Filing of Certificate With Secretary of State
  When the copy of the petition for dissolution has been published as required by Code Section 46-8-74, the corporation may apply to the judge...
• § 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
  When the certificate of the judge of the probate court is filed with the Secretary of State pursuant to Code Section 46-8-77, and when...
• § 46-8-79 - Effect of Issuance of Order of Dissolution and Payment of Fees
  After the order of dissolution has been issued, and after all fees for filing and certificates have been paid, the corporation shall be dissolved...
• § 46-8-80 - Contracts Between Railroad Companies for Merger, Consolidation, Lease, or Purchase for Purposes of Connecting the Roads of the Companies
  Any railroad company incorporated under this chapter shall have the power to make contracts with any other railroad company which has constructed or hereafter...
• § 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
  (a) Any railroad company incorporated under this chapter shall have authority to sell, lease, assign, or transfer its stock, property, and franchises to, or...
• § 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
  All the powers and privileges and the certificate of incorporation of a railroad company shall be forfeited at the expiration of three years from...

Last modified: October 14, 2016