Every railroad corporation existing in this state, and having authority to operate and maintain a railroad in this state, has the power to consolidate with any other railroad corporation whose road connects with or intersects the road of such existing corporation, or any branch of such road.
Structure 2021 Tennessee Code
Title 65 - Public Utilities and Carriers
Chapter 9 - Consolidation of Railroads
§ 65-9-101. Power to Consolidate
§ 65-9-102. Consolidation Agreement
§ 65-9-103. Approval of Stockholders
§ 65-9-104. Agreement and Evidence of Approval Recorded
§ 65-9-105. Rights of Creditors
§ 65-9-106. Rights and Liabilities of Consolidated Corporation