Utah Statutes
§ 56-1-3 — Stock subscriptions -- Minimum requirements.
Utah § 56-1-3
This text of Utah § 56-1-3 (Stock subscriptions -- Minimum requirements.) is published on Counsel Stack Legal Research, covering Utah primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Utah Code Ann. § 56-1-3 (2026).
Text
The Division of Corporations and Commercial Code shall not issue a certificate of incorporation to any railroad corporation which proposes to construct a railroad until it shall appear by the affidavit of at least three of the incorporators that $1,000 for each mile in length of the railroad proposed to be constructed shall have been subscribed, and that 10% of the stock subscribed by each stockholder has been paid in.
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Legislative History
Amended by Chapter 67, 1984 General Session
Nearby Sections
15
§ 56-1-10
Maps of final location to be filed.§ 56-1-11
Maintenance of crossings.§ 56-1-12.1
Injury to livestock -- Notice.§ 56-1-13.1
Fencing right-of-way -- Gates.§ 56-1-14
Procedures at grade crossings.§ 56-1-15
Fire caused by railroad operations.§ 56-1-18.5
Railroad property -- Duty of care.§ 56-1-19
Right to eject passenger.§ 56-1-21
Checking baggage.Cite This Page — Counsel Stack
Bluebook (online)
Utah § 56-1-3, Counsel Stack Legal Research, https://law.counselstack.com/statute/ut/56-1-3.