{"data":{"id":"us-ms/miss.-code-ann.-77-9-119","jurisdiction":"us-ms","citation":"Miss. Code Ann. § 77-9-119","heading":"Consolidation of railroad corporations.","body":"Any railroad company organized and existing under the laws of this state and which is subject to the Interstate Commerce Commission Termination Act of 1995 shall have power to consolidate with any other railroad company, organized under the laws of this or any other state, and shall have power to purchase or lease the railroad, franchises, and properties of any other railroad company organized under the laws of this state, and to purchase and hold the capital stock or a part thereof of any other railroad company organized under the laws of this or any other state, wherever any such action has first been permitted by an act or acts of Congress and an order or orders of the U.S. Department of Transportation of the United States and of the commission. In the event of consolidation, the consolidated company shall become thereby a domestic corporation of the State of Mississippi.\nAny railroad company organized and existing under the laws of this state and which is subject to the Interstate Commerce Commission Termination Act of 1995 shall have the power to merge with any other railroad company organized under the laws of this or any other state pursuant to the Mississippi Business Corporation Act.","path":["Title 77. Public Utilities and Carriers","Chapter 9. Railroads and Other Common Carriers","Article 3. Railroads and Railroad Corporations.","Incorporation and Consolidation of Railroad Corporations"],"source_url":"https://archive.org/download/gov.ms.code.ann.2018/release78.2020.07.08/gov.ms.code.title.77.odt","current_through":"2020-07-08","vintage":"Mississippi Code Release 78 (2020-07), retrieved 2026-09-17","retrieved_at":"2026-10-27T05:54:18Z","sha256":"a764f8b86d5cfa4f059d5aa43a1332461b2c47f8b44d3dd84ca337f4ead60d33","source_id":"us-ms","stale":false,"prev":"us-ms/miss.-code-ann.-77-9-117","next":"us-ms/miss.-code-ann.-77-9-121","notices":[{"id":"open-us-law","title":"Open US Law compilation","text":"Compilation CC BY 4.0, Open US Law (Vaquill AI). GroundRules uses only the releases published under CC BY 4.0: from v2026.09 the compilation is licensed CC BY-NC 4.0, and GroundRules does not use those releases. Each affected row names its release in its vintage label. GroundRules parsed and filtered the compilation to retain enacted text.","url":"https://huggingface.co/datasets/vaquill/open-us-law","license_url":"https://creativecommons.org/licenses/by/4.0/"},{"id":"pro-ms","title":"Mississippi Release 78 supplement","text":"Mississippi electronic product files were republished by Public.Resource.Org under a public-domain dedication. GroundRules uses enacted text from Release 78 only as a labeled supplement to the newer Open US Law rows.","url":"https://archive.org/details/gov.ms.code.ann.2018"}]},"notice":"GroundRules: Original legal text. Not legal advice."}