Colorado Statutes

§ 40-20-107 — Stockholders to fix interest and loans

Colorado·Title 40 Utilities·Art. Organization and Government
At all general meetings of the stockholders, those holding a majority in the value of the stock of any such corporation may fix the rates of interest which shall be paid by the corporation for loans for the construction of such railway and its appendages and the amount of such loans.

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Legislative History

Source: G.L. � 300. G.S. � 335. R.S. 08: � 5415. C.L. � 2820. CSA: C. 139, � 6. CRS 53: � 116-1-7. C.R.S. 1963: � 116-1-7.

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