Code · Louisiana · Title 45 — Public Utilities and Carriers

RS 45:619

48 words·~1 min read·/la/title-45/45-290

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RS 45:619

§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.