Georgia Code
Chapter 8 - Railroad Companies
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 - All corporate powers and privileges of railroad companies shall be...

§ 46-8-41. Procedures Regarding Preparation of Petition for Incorporation; Filing of Petition and Affidavit With Secretary of State; Endorsement by Secretary of State; Allowance for Public Inspection of Petition and Affidavit - History. Ga. L. 1892, p. 37, § 2; Civil Code...

§ 46-8-42. Certificate of Incorporation; Duration of Corporate Existence; Fee for Issuance of Certificate - To all to whom these presents may come — Greetings:...

§ 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 - Before the Secretary of State issues a certificate of incorporation...

§ 46-8-44. Subscription to Capital Stock; Par Value of Stock; Subscription to All Capital Stock as Prerequisite to Beginning Railroad Construction - History. Ga. L. 1892, p. 37, § 4; Civil Code...

§ 46-8-45. Payment of Subscriptions; Procedure by Directors in Case of Default by Subscriber - History. Ga. L. 1892, p. 37, § 6; Civil Code...

§ 46-8-46. Procedures Regarding Organizational Meeting; Qualifications of Directors; Selection of Officers and Agents; Annual Election of Directors; Filling of Vacancies on Board - History. Ga. L. 1892, p. 37, § 5; Civil Code...

§ 46-8-47. Determination of Directors’ Compensation; Appointment of Chairman and Vice-Presidents; Time and Place of Board Meetings; Procedures Regarding Board Meetings - History. Ga. L. 1969, p. 589, §§ 3, 8.

§ 46-8-48. Creation of Executive Committee and Other Committees; Powers of Committees; Designation of Alternate Members of Committees; Committee Action by Majority Vote - History. Ga. L. 1969, p. 589, § 4.

§ 46-8-49. Action by Board or Committee Thereof or by Shareholder or Committee Thereof by Written Consent of Members Without Meeting - History. Ga. L. 1969, p. 589, § 5; Ga. L....

§ 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 - History. Ga. L. 1969, p. 589, § 6.

§ 46-8-51. Indemnification of Persons by Railroad Corporation; Advance of Expenses; Insuring Against Liabilities; Reports of Payments to Shareholders; Provisions Eliminating or Limiting Liability of Director - No such provision shall eliminate or limit the liability of...

§ 46-8-52. Exemption of Property of Stockholders From Debts or Liabilities of Corporation - All property, whether real or personal, of any stockholder in...

§ 46-8-53. Procedure for Issuing Bonds or Increasing Capital Stock - In no case shall a railroad corporation issue bonds or...

§ 46-8-54. Adoption of Title by Railroad Companies Incorporated, or by Persons Owning or Operating a Railroad, Prior to December 17, 1892 - History. Ga. L. 1892, p. 37, § 17; Civil Code...

§ 46-8-55. Standard of Care for Directors and Officers in Discharge of Duties; Reliance Upon Financial Information - History. Code 1981, § 46-8-55 , enacted by Ga. L....

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 - History. Ga. L. 1918, p. 211, §§ 1-4; Code 1933,...

§ 46-8-71. Dissolution of Railroad Corporation Generally - A railroad corporation which is organized under the laws of...

§ 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 - If the board of directors of a railroad corporation organized...

§ 46-8-73. Contents of Petition for Dissolution; Certification Resolution Recommending Dissolution; Attachment of Resolution to Petition; Verification of Petition; Fee for Filing Petition - History. Ga. L. 1953, Nov.-Dec. Sess., p. 213, § 3;...

§ 46-8-74. Advertisement of Petition for Dissolution - When the petition for dissolution is filed, the Secretary of...

§ 46-8-75. Transfer of Copy of Petition From Secretary of State to Commission - Immediately upon the filing of the petition for dissolution, the...

§ 46-8-76. Investigation by Commission of Proposed Dissolution; Issuance of Certificate Approving or Disapproving Application for Dissolution; Transfer of Certificate; Filing of Duplicate Certificate; Effect of Disapproval - History. Ga. L. 1953, Nov.-Dec. Sess., p. 213, § 6.

§ 46-8-77. Certification by Judge of the Probate Court of the Fact of Advertisement of Petition; Filing of Certificate With Secretary of State - When the copy of the petition for dissolution has been...

§ 46-8-78. Order of Secretary of State Accepting Surrender of Charter and Franchises and Dissolving Corporation; Recording of Petition, Certificate of Approval, Certificate of Publication, and Order by Secretary of State - When the certificate of the judge of the probate court...

§ 46-8-79. Effect of Issuance of Order of Dissolution and Payment of Fees - After the order of dissolution has been issued, and after...

§ 46-8-80. Contracts Between Railroad Companies for Merger, Consolidation, Lease, or Purchase for Purposes of Connecting the Roads of the Companies - Any railroad company incorporated under this chapter shall have the...

§ 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 - History. Ga. L. 1892, p. 37, § 18; Civil Code...

§ 46-8-82. Forfeiture of Powers, Privileges, and Certificate of Incorporation for Failure to Construct and Operate 15 Miles of Road Within Three Years; Extension of Time for Construction and Operation of Road - All the powers and privileges and the certificate of incorporation...