GroundRules
RSA 243:4: Capital Stock.
Where this section sits in the code
- Title XX: TRANSPORTATION
- Chapter 243: FORMATION AND UNION OF RAILROAD CORPORATIONS; LEASES AND EXTENSIONS
- Formation of a Railroad Corporation
The capital stock of the corporation shall not be less than $5,000 for each mile of the proposed railroad if the gauge thereof is to be 3 feet or less, and not less than $10,000 for each mile if the gauge is to be more than 3 feet. It shall be divided into shares of $100 each.
Collected 2026-09-05T14:32:18Z. Source file · JSON