62-105. PURCHASE, SALE AND GUARANTY OF SECURITIES. Any railroad corporation, whether chartered by, or organized under, the laws of this state or of the territory of Idaho, or of the United States, or of any other state or territory, may take, purchase, hold, sell and dispose of, or guarantee the payment of, the bonds and securities of any other railroad corporation whose line of railroad is continuous of, or by lease, traffic contract, or otherwise connected with, its own line.
History:
[(62-105) 1890-1891, p. 16, sec. 1; reen. 1899, p. 10, sec. 1; reen. R.C. & C.L., sec. 2797; C.S., sec. 4797; I.C.A., sec. 60-105.]
Structure Idaho Code
Title 62 - RAILROADS AND OTHER PUBLIC UTILITIES
Chapter 1 - RAILROAD CORPORATIONS — GENERAL PROVISIONS AND POWERS
Section 62-101 - ELECTION OF DIRECTORS.
Section 62-102 - ISSUANCE OF BONDS.
Section 62-103 - BONDS — SINKING FUND — CONVERSION INTO STOCK.
Section 62-104 - ENUMERATION OF POWERS.
Section 62-105 - PURCHASE, SALE AND GUARANTY OF SECURITIES.
Section 62-106 - BRIDGING NAVIGABLE STREAMS.
Section 62-107 - CONSTRUCTION OF EXTENSIONS AND BRANCHES.
Section 62-108 - CONSOLIDATION, SALES AND LEASES.
Section 62-109 - EXTENSIONS INTO THE STATE.
Section 62-110 - APPLICATION AND CONSTRUCTION OF PRECEDING SECTIONS.