Arizona § 40-801 - Stock subscription required to form railroad corporation

Full text of Arizona Arizona Revised Statutes § 40-801 — Stock subscription required to form railroad corporation, with citation guidance and answers to common questions.

§ 40-801. Stock subscription required to form railroad corporation

When capital stock of at least one thousand dollars for each mile of a proposed railroad is subscribed by not fewer than five persons who are citizens of the United States, the subscribers, in person or by proxy, may adopt articles of incorporation for the formation of a corporation to construct, own and maintain a railroad, and elect from among themselves not fewer than five nor more than thirteen directors to constitute the first board.

Source: official Arizona text · Last verified 2026-08-27

Frequently Asked Questions About Arizona § 40-801

What does Arizona Revised Statutes § 40-801 cover?

Section 40-801 ("Stock subscription required to form railroad corporation") is part of the Arizona Revised Statutes, the codified statutory law of Arizona. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Arizona § 40-801?

A common citation format is "Arizona Revised Statutes § 40-801" (Arizona). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Arizona law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Arizona official source linked on this page or consult a licensed Arizona attorney.

How does Arizona § 40-801 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Arizona can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Arizona.