2006 Minnesota Statutes
This is an historical version of this statute chapter. Also view the most recent published version.
222.19 PREFERRED AND SPECIAL STOCK, INCOME CERTIFICATE.
Any domestic railroad corporation may create, issue, and dispose of special and preferred
stock and income certificates to such amounts, in such form, and for such purposes as may be
determined by its board of directors, with the assent of the holders of at least three-fourths in
amount of its then outstanding common capital stock. No increase of any special or preferred
stock or of any income certificates shall be made without the assent thereto of the holders of
three-fourths in amount of the special or preferred stock or income certificates to be affected
by such issue, as the case may be.
History: (7518) RL s 2907
Any domestic railroad corporation may create, issue, and dispose of special and preferred
stock and income certificates to such amounts, in such form, and for such purposes as may be
determined by its board of directors, with the assent of the holders of at least three-fourths in
amount of its then outstanding common capital stock. No increase of any special or preferred
stock or of any income certificates shall be made without the assent thereto of the holders of
three-fourths in amount of the special or preferred stock or income certificates to be affected
by such issue, as the case may be.
History: (7518) RL s 2907
Official Publication of the State of Minnesota
Revisor of Statutes