705.010 - Construction and operation of railroad by foreign corporation; qualification to do business. - Nevada Statutes

705.010  Construction and operation of railroad by foreign corporation; qualification to do business.

      1.  Subject to the provisions of subsection 2, any railroad corporation organized under the laws of any other state or territory, or under any Act of Congress, may construct, own and operate a line of railroad and extensions and branches thereof in this state, and for that purpose may exercise the power of eminent domain, and do any other business in connection therewith, as fully and effectually, to all intents and purposes, as if such corporation were organized under the laws of this state.

      2.  Before any corporation, incorporated or organized otherwise than under the laws of this state, shall acquire or construct any railroad in this state by virtue of this section, it shall comply with the provisions of chapter 80 of NRS.

      [Part 1:67:1933; 1931 NCL § 6356]