{"data":{"id":"us-in/ic-8-4-25-3","jurisdiction":"us-in","citation":"IC 8-4-25-3","heading":"Limitation on amount","body":"Sec. 3. No railway company shall, under the provisions of this chapter, indorse or guarantee the bonds of any such railway company or companies as is above mentioned to an amount exceeding one-half (1/2) of the par value of the stock of the railway company so indorsing or guaranteeing as authorized under this chapter.","path":["TITLE 8. UTILITIES AND TRANSPORTATION","ARTICLE 4. ORGANIZATION AND OPERATION OF RAILROADS","Chapter 25. Underwriting Bonds of Foreign Railroads"],"source_url":"https://iga.in.gov/ic/2026/Title_8.html#8-4-25-3","current_through":"2026","vintage":"2026","retrieved_at":"2026-10-04T20:08:46Z","sha256":"714a08292ab2ffae6020611ea19cbee3488cd415ca23afc4a14623c42a56ec68","source_id":"us-in","stale":false,"prev":"us-in/ic-8-4-25-2","next":"us-in/ic-8-4-26-1"},"notice":"GroundRules: Original legal text. Not legal advice."}