Arkansas Statutes
§ 23-11-221 — Dissolution or liquidation of railroad corporation
Arkansas·Title 23
(a)Railroad corporations organized under the laws of this state may be dissolved or liquidated, wholly or in part, after approval of the action by the Arkansas Department of Transportation in the manner provided by the law for dissolution or liquidation of business corporations organized under the laws of this state.
(b)Certified copies of the order of the department approving the dissolution or liquidation shall be filed in the office of the Secretary of State and in the office of the county clerk in each county where the articles of incorporation are required to be filed.
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Legislative History
Amended by Act 2017, No. 707,§ 164, eff. 8/1/2017. Acts 1959, No. 30, § 12; A.S.A. 1947, § 73-315.1.
Nearby Sections
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§ 23-1-101
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Compliance with Acts 1935, No. 324, and rules of commission required - Penalties for noncompliance§ 23-1-106
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Jurisdiction and venue of actions§ 23-1-110
Actions tried without jury - Exceptions§ 23-1-111
Copies of official papers as evidence§ 23-1-115
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