FORMATION AND UNION OF RAILROAD CORPORATIONS; LEASES AND EXTENSIONS
Union of Two or More Railroad Corporations
367:26 Limit of Dividends.
The new corporation shall not divide to its stockholders in dividends a greater sum than the aggregate sum which the uniting corporations together were authorized to divide to their stockholders.
Source. 1883, 100:24. PS 156:27. PL 246:24. RL 296:24.