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2017 Ohio Revised Code
Title [49] XLIX PUBLIC UTILITIES
Chapter 4961 - SPECIAL POWERS OF RAILROADS
Section 4961.38 - Dissolution of certain companies.
Universal Citation: Ohio Rev Code § 4961.38 (2017)
A railroad company which has been in existence three years, and has not begun to build the railroad described in its articles of incorporation, or whose railroad, if commenced, has been abandoned for three years, may be dissolved by a vote of two thirds of its stockholders at a meeting called for that purpose by its president, notice of which shall be published in each county through or into which the line of the proposed railroad passes at least thirty days before the meeting is held.
Effective Date: 10-01-1953 .
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