Indiana Statutes
§ 8-4-12-7 — Completion of road by transferee company
Indiana § 8-4-12-7
This text of Indiana § 8-4-12-7 (Completion of road by transferee company) 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 § 8-4-12-7 (2026).
Text
Whenever any railroad company, coming within
the provision of this chapter, shall sell or transfer their property, rights,
or franchises to any other railroad company, it shall be the duty of such
last named railroad company to complete the road so transferred to
them, and put the same in complete running order, within three (3)
years after the time of such transfer; and upon failure so to do, it shall
be taken and held to have abandoned and forfeited the same, and any
company organized, as provided in this chapter, shall succeed to and
be invested with the same, as is provided in this chapter; however,
nothing in this chapter contained shall be regarded as a recognition of
the right of two (2) or more railroad companies to consolidate by
voluntary agreement.
Formerly: Acts 1867, c.80, s.7
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Nearby Sections
15
§ 8-1-1-11
Staff of commission§ 8-1-1-12
Repealed§ 8-1-1-13
Repealed§ 8-1-1-14
Annual report§ 8-1-1-15
Implementing rules; duration§ 8-1-1-16
Commission to consider effect of governmental requirements upon
utility's operational expenses§ 8-1-1-4
Repealed§ 8-1-1-4.1
Payment of expenses§ 8-1-1-6
RepealedCite This Page — Counsel Stack
Bluebook (online)
Indiana § 8-4-12-7, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/8-4-12-7.