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2021 Ohio Revised Code
Title 49 | Public Utilities
Chapter 4967 | Consolidation of Railroads
Section 4967.16 | Effect of Consolidation.
Universal Citation: Ohio Rev Code § 4967.16 (2021)
Effective: October 1, 1953
Latest Legislation: House Bill 1 - 100th General Assembly
Sections 4967.14 and 4967.15 of the Revised Code do not relieve a consolidated railroad company from paying the fee provided by section 111.16 of the Revised Code in case a corporation files a certificate for an increase of its capital stock. The rights of a stockholder not surrendering or transferring his stock are not affected, nor are existing liabilities or the rights of creditors of the company whose stock has been so surrendered or transferred affected, by sections 4967.14 to 4967.16, inclusive, of the Revised Code.
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