Indiana Code 8-9-9-2. Violation; forfeiture
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Terms Used In Indiana Code 8-9-9-2
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
Sec. 2. Any person, firm, or corporation, or lessee or receiver of any person, firm, or corporation owning or operating any line or lines of steam railroad in this state who shall violate any of the provisions of this chapter shall forfeit and pay to the state of Indiana the sum of five hundred dollars ($500) for each and every offense, and each and every day that the violation of any of the provisions of this chapter shall continue shall be deemed to constitute a separate and distinct offense.
Formerly: Acts 1913, c.130, s.2. As amended by P.L.62-1984, SEC.137.