2020 Idaho Code
Title 62 - RAILROADS AND OTHER PUBLIC UTILITIES
Chapter 1 - RAILROAD CORPORATIONS — GENERAL PROVISIONS AND POWERS
Section 62-105 - PURCHASE, SALE AND GUARANTY OF SECURITIES.

Universal Citation: ID Code § 62-105 (2020)

62-105. PURCHASE, SALE AND GUARANTY OF SECURITIES. Any railroad corporation, whether chartered by, or organized under, the laws of this state or of the territory of Idaho, or of the United States, or of any other state or territory, may take, purchase, hold, sell and dispose of, or guarantee the payment of, the bonds and securities of any other railroad corporation whose line of railroad is continuous of, or by lease, traffic contract, or otherwise connected with, its own line.

History:

[(62-105) 1890-1891, p. 16, sec. 1; reen. 1899, p. 10, sec. 1; reen. R.C. & C.L., sec. 2797; C.S., sec. 4797; I.C.A., sec. 60-105.]

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