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ARTICLE 7

Railroad Redevelopment Corporations

Railroad (RRD) CHAPTER 49

ARTICLE 7

RAILROAD REDEVELOPMENT

CORPORATIONS
Section 300. Legislative policy and purposes.

301. Qualification.

302. Certain directors to be local residents.

303. Certificate of approval.

304. Limitations upon payments on indebtedness and stock.

305. Tax exemption.

306. Rates, fares, and charges.

307. Fare changes.

308. Reductions in fares and charges.

309. Reports to the commissioner of transportation.

310. Accounting terms.

311. Termination of qualification.

312. Orders of the commissioner of transportation.

313. Application of other laws.