Tennessee § 65-14-103 Authority to acquire, hold and dispose of stock or bonds

Tennessee Statutes

§ 65-14-103 — Authority to acquire, hold and dispose of stock or bonds

Tennessee § 65-14-103

Title65

This text of Tennessee § 65-14-103 (Authority to acquire, hold and dispose of stock or bonds) is published on Counsel Stack Legal Research, covering Tennessee primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tenn. Code Ann. § 65-14-103 (2026).

Text

Such railroad terminal corporation may acquire, hold, and dispose of the capital stock or bonds of railroad companies or of other terminal companies, for the purpose alone of raising money for the acquisition, construction, maintenance, and repair of such passenger and freight depots and stations, and other terminal facilities mentioned in §§ 65-14-101 and 65-14-102 , and not for the purpose of speculating in stocks or bonds, or managing or controlling railroads.

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Such railroad terminal corporation may acquire, hold, and dispose of the capital stock or bonds of railroad companies or of other terminal companies, for the purpose alone of raising money for the acquisition, construction, maintenance, and repair of such passenger and freight depots and stations, and other terminal facilities mentioned in §§ 65-14-101 and 65-14-102 , and not for the purpose of speculating in stocks or bonds, or managing or controlling railroads.