Section 4961.29 | Subscription to aid another company.
Effective:
October 1, 1953
Latest Legislation:
House Bill 1 - 100th General Assembly
A railroad company may aid another in the construction of its railroad by means of subscription to its capital stock, or otherwise, for the purpose of forming a connection of the railroads of the companies, if the railroad of the company so aided will not when constructed form a competing railroad.
Available Versions of this Section
- October 1, 1953 – House Bill 1 - 100th General Assembly [ View October 1, 1953 Version ]