GEORGIA CODE (Last Updated: August 20, 2013) |
Title 46. PUBLIC UTILITIES AND PUBLIC TRANSPORTATION |
Chapter 8. RAILROAD COMPANIES |
Article 3. INCORPORATION AND CONSOLIDATION OF RAILROAD COMPANIES AND REQUIREMENTS AS TO DIRECTORS AND OFFICERS |
Article 3. INCORPORATION AND CONSOLIDATION OF RAILROAD COMPANIES AND REQUIREMENTS AS TO DIRECTORS AND OFFICERS
Part 1. INCORPORATION, ORGANIZATION, SUBSCRIPTION OF CAPITAL STOCK, SELECTION OF OFFICERS AND DIRECTORS |
§ 46-8-40. Grant of corporate powers and privileges to railroad companies by Secretary of State; procedure in case of disqualification of Secretary of State |
§ 46-8-42. Certificate of incorporation; duration of corporate existence; fee for issuance of certificate |
§ 46-8-43. Duties of Secretary of State prior to issuance of certificate of incorporation; certificate or duplicate thereof as evidence of existence of corporation and compliance with chapter |
§ 46-8-44. Subscription to capital stock; par value of stock; subscription to all capital stock as prerequisite to beginning railroad construction |
§ 46-8-45. Payment of subscriptions; procedure by directors in case of default by subscriber |
§ 46-8-46. Procedures regarding organizational meeting; qualifications of directors; selection of officers and agents; annual election of directors; filling of vacancies on board |
§ 46-8-47. Determination of directors' compensation; appointment of chairman and vice-presidents; time and place of board meetings; procedures regarding board meetings |
§ 46-8-48. Creation of executive committee and other committees; powers of committees; designation of alternate members of committees; committee action by majority vote |
§ 46-8-49. Action by board or committee thereof or by shareholder or committee thereof by written consent of members without meeting |
§ 46-8-50. Combination of offices of corporation; election of officers by shareholders; terms of office; powers and duties of officers; authority of chairman or president as to legal proceedings |
§ 46-8-52. Exemption of property of stockholders from debts or liabilities of corporation |
§ 46-8-53. Procedure for issuing bonds or increasing capital stock |
§ 46-8-54. Adoption of title by railroad companies incorporated, or by persons owning or operating a railroad, prior to December 17, 1892 |
§ 46-8-55. Standard of care for directors and officers in discharge of duties; reliance upon financial information |
Part 2. CONSOLIDATION, MERGER, SURRENDER OF FRANCHISE, AND DISSOLUTION OF COMPANIES |
§ 46-8-70. Application by railroad company that company surrender its franchises and cease performing as a common carrier; hearing before commission; effect of outstanding debts on company |
§ 46-8-71. Dissolution of railroad corporation generally |
§ 46-8-72. Adoption of resolution for dissolution by board of directors; meeting of stockholders to consider resolution; filing of petition for dissolution with Secretary of State |
§ 46-8-73. Contents of petition for dissolution; certification resolution recommending dissolution; attachment of resolution to petition; verification of petition; fee for filing petition |
§ 46-8-74. Advertisement of petition for dissolution |
§ 46-8-75. Transfer of copy of petition from Secretary of State to commission |
§ 46-8-77. Certification by judge of the probate court of the fact of advertisement of petition; filing of certificate with Secretary of State |
§ 46-8-79. Effect of issuance of order of dissolution and payment of fees |
§ 46-8-80. Contracts between railroad companies for merger, consolidation, lease, or purchase for purposes of connecting the roads of the companies |
§ 46-8-81. Consolidation, merger, lease, or purchase of railroad companies whose roads form a continuous line; issuance of stocks and bonds by consolidated companies |
REFS & ANNOS
TITLE 46 Chapter 8 Article 3 NOTE
CROSS REFERENCES. --Secretary of State corporations generally, Ga. Const. 1983, Art. III, Sec. VI, Para V. and Ch. 4, T. 14. Business corporations generally, Ch. 2, T. 14.