Code · Louisiana · Title 45 — Public Utilities and Carriers

RS 45:674

60 words·~1 min read·/la/title-45/45-302

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

RS 45:674

§674. Acquisition of railroad property; assumption of bonds

Any street railway company purchasing, leasing or acquiring the use of such or any portion of any railroad company may assume or guarantee the part of the bonds of that railroad company as may be properly apportioned to the part purchased, or leased, or of which the use is acquired.