§ 45:611 Conditional sales of tank cars lawful
§ 45:612 Retaking of conditionally sold tank cars
§ 45:613 Sale or lease of railroad to connecting railroad, power to make
§ 45:614 Sale, pledge or hypothecation of bonds, stock, earnings, etc., power to make
§ 45:615 Purchase or lease of railroad; connecting railroad’s power
§ 45:616 Stockholders’ approval of sale
§ 45:617 Guaranty of bonds or contract of another railroad
§ 45:618 Expropriation incident to purchase, lease, etc., of another railroad
§ 45:619 Binding date of purchase at judicial sale
§ 45:620 Laws and regulations applicable
§ 45:621 Street railroads, etc., not affected

Terms Used In Louisiana Revised Statutes > Title 45 > Chapter 6 > Part VIII - Sales and Leases

  • Contract: A legal written agreement that becomes binding when signed.
  • 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.
  • Guarantor: A party who agrees to be responsible for the payment of another party's debts should that party default. Source: OCC
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • person: includes a body of persons, whether incorporated or not. See Louisiana Revised Statutes 1:10