Indiana Statutes
§ 8-4-25-3 — Limitation on amount
No railway company shall, under the provisions
of this chapter, indorse or guarantee the bonds of any such railway
company or companies as is above mentioned to an amount exceeding
one-half (1/2) of the par value of the stock of the railway company so
indorsing or guaranteeing as authorized under this chapter.
Formerly: Acts 1883, c.127, s.3. As amended by P.L.62-1984,
SEC.81.
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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Repealed§ 8-1-1-13
Repealed§ 8-1-1-14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Repealed§ 8-1-1-4.1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
Repealed