Indiana Statutes

§ 8-4-24-3 — Reciprocity; foreign corporations

Indiana § 8-4-24-3
JurisdictionIndiana
Art. 4ORGANIZATION AND OPERATION OF
Ch. 24Purchase and Sale of Defunct Railroads

This text of Indiana § 8-4-24-3 (Reciprocity; foreign corporations) 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 § 8-4-24-3 (2026).

Text

In case the part situate within this state of any railroad, a part of which is situate in another state, shall become vested in a corporation of such other state, and such corporation shall also acquire a part situate in such other state of the said railroad, the said corporation may exercise and enjoy, within this state, for the purpose of the said railroad and its business, so far as it may be endowed by the laws of the state of its creation with capacity to do so, all the powers, rights, faculties, privileges, immunities, and franchises enumerated in section 2 of this chapter, and its mortgages or trust deeds shall operate as therein specified. Formerly: Acts 1861, c.78, s.3. As amended by P.L.62-1984, SEC.76.

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Indiana § 8-4-24-3, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/8-4-24-3.