2022 Georgia Code
Title 46 - Public Utilities and Public Transportation
Chapter 8 - Railroad Companies
Article 3 - Incorporation and Consolidation of Railroad Companies and Requirements as to Directors and Officers
Part 2 - Consolidation, Merger, Surrender of Franchise, and Dissolution of Companies
§ 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 franchises to the state in accordance with Code Section 46-8-70 or which has sold its property, rights, and franchises to another corporation in accordance with Code Section 46-8-106, and which has satisfied all its outstanding debts and obligations, or which has arranged for all its outstanding debts and obligations to be assumed by the transferee of its property, rights, and franchises, may be dissolved in the manner provided in Code Sections 46-8-72 through 46-8-79.

History. Ga. L. 1953, Nov.-Dec. Sess., p. 213, § 1.

Editor’s notes.

Code Section 46-8-106, referred to in this Code section, was repealed by Ga. L. 2006, p. 699, § 2/SB 285, effective July 1, 2006.