Indiana Statutes

§ 8-4-12-3 — Payment of appraised value; disposition

Indiana § 8-4-12-3
JurisdictionIndiana
Art. 4ORGANIZATION AND OPERATION OF
Ch. 12Abandonment of Certain Railroads

This text of Indiana § 8-4-12-3 (Payment of appraised value; disposition) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ind. Code § 8-4-12-3 (2026).

Text

The money so paid, as is provided in section 2 of this chapter, shall be held by such treasurer in trust for the payment, firstly, of the debts of such old company; and, secondly, the balance, if any, shall be equitably distributed among the stockholders thereof. Formerly: Acts 1867, c.80, s.3. As amended by P.L.62-1984, SEC.62.

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Indiana § 8-4-12-3, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/8-4-12-3.