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SD · constitutions

S.D. Const. art. XVII, § 14

Consolidation of railroad lines--Forfeiture of charter for evasion of provisions

activein force · 2026-09-24 – presentas-observed

No railroad corporation shall consolidate its stock, property or franchises with any other railroad corporation owning a parallel or competing line; and in no case shall any consolidation take place except upon public notice given out, at least sixty days to all stockholders, in such manner as may be provided by law. Any attempt to evade the provisions of this section, by any railroad corporation, by lease or otherwise, shall work a forfeiture of its charter.

Provenance

Source
sdlegislature.gov
Retrieved
2026-09-24
Edition
2026-09-24
Content hash
c8adba630387decbfb2c17ea657cd3390c9adcaa04485d9c510e326767f5ff39
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