There is a newer version of the Louisiana Laws
2009 Louisiana Laws TITLE 45 Public utilities and carriers :: RS 45:614 Sale, pledge or hypothecation of bonds, stock, earnings, etc., power to make
§614. Sale, pledge or hypothecation of bonds, stock, earnings, etc., power to make
Any railway corporation in Louisiana may sell, pledge or hypothecate, for railroad purposes, its bonds, stock, earnings, revenues, income rights, and credits, to any person or other railway corporation unless the railroad lines of the contracting railway corporations are parallel and competing lines.
Disclaimer: These codes may not be the most recent version. Louisiana may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.