§ 327E.1 — Foreign railway corporations

Iowa § 327E.1

• Jurisdiction: Iowa
• Title VIII: TRANSPORTATION
• Ch. 327E: RAILWAY CORPORATIONS — POWERS

Text

1. Any railway corporation organized or created by or under the laws of any other state,
owning and operating a line or lines of railroad in such state, may build its road or branches
into this state, and shall possess all the powers and privileges, and be subject to the same
liabilities, as like corporations organized and incorporated under the laws of this state, if the
railway corporation files with the secretary of state a copy of its articles of incorporation, if
incorporated under a general law of such state, or a certified copy of the statute incorporating
it if the charter was granted by statute.
2. Any such railway corporation may take and hold voluntary grants of real estate and
other property as are made to it to aid in the construction, maintenance, and continued
operation of its railway. However, all real estate so received shall be held only as long as the
real estate is used for the construction, maintenance, and continued operation of a railway.

Legislative History

[C97, §2048; C24, 27, 31, 35, 39, §7941; C46, 50, 54, 58, 62, 66, 71, 73, 75, §476.22; C77, 79, 81, §327E.1; 82 Acts, ch 1207, §1]