§ 40-801 Stock subscription required to form railroad corporation
§ 40-802 Articles of incorporation
§ 40-803 Filing and recording articles; commencement of business; amendment of articles to provide for perpetual existence
§ 40-804 Organization of board of directors; officers; adoption of by-laws by directors; ratification by shareholders
§ 40-805 Records required to be kept by secretary
§ 40-806 Call for installments on stock subscriptions; notice; action to collect from defaulting subscriber
§ 40-807 Certification by president and secretary of paid-in capital stock
§ 40-808 General powers of railroad corporations
§ 40-809 Specific powers of railroad corporations
§ 40-810 Power to borrow money; issuance of notes and bonds; mortgage of property and franchise; sinking fund to redeem bonds
§ 40-811 Contracting debt exceeding means of corporation to pay; classification; validity of debt
§ 40-812 Extension of lines; purchase of property and franchise of another railroad company; sale of property; limitations; consolidations; exceptions
§ 40-813 Organization of new corporation on sale at foreclosure; powers
§ 40-814 Duty of railroads to transport; liability for failure; exceptions
§ 40-815 Establishment or maintenance of employee association involving compulsory membership or waiver of rights prohibited
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Terms Used In Arizona Laws > Title 40 > Chapter 4 > Article 1 - Organization, General Powers and Duties

  • Action: includes any matter or proceeding in a court, civil or criminal. See Arizona Laws 1-215
  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • 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.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • including: means not limited to and is not a term of exclusion. See Arizona Laws 1-215
  • 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
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Month: means a calendar month unless otherwise expressed. See Arizona Laws 1-215
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Person: includes a corporation, company, partnership, firm, association or society, as well as a natural person. See Arizona Laws 1-215
  • Property: includes both real and personal property. See Arizona Laws 1-215
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • subscription: includes a mark, if a person cannot write, with the person's name written near it and witnessed by a person who writes the person's own name as witness. See Arizona Laws 1-215
  • United States: includes the District of Columbia and the territories. See Arizona Laws 1-215
  • Writing: includes printing. See Arizona Laws 1-215