No such corporation shall be formed to continue more than fifty years in the first instance, but such corporation may be renewed from time to time, in such manner as may be provided by law, for periods not longer than fifty years.
Source: G.L. § 299. G.S. § 334. R.S. 08: § 5419. C.L. § 2822. CSA: C. 139, § 8. CRS 53: § 116-1-14. C.R.S. 1963: § 116-1-14.
Structure Colorado Code
Article 20 - Organization and Government
§ 40-20-101. Certificate of Incorporation
§ 40-20-102. Powers of Corporation
§ 40-20-104. May Guarantee Bonds and Interest
§ 40-20-105. Construction Started Within Two Years
§ 40-20-106. Directors - Election
§ 40-20-107. Stockholders to Fix Interest and Loans
§ 40-20-108. Purchase or Lease of Other Lines - Sale
§ 40-20-109. Dining Cars Need No License
§ 40-20-110. Title to Equipment
§ 40-20-111. Lease May Stipulate Sale