Colorado § 40-23-102 - Power of company so organized.
Full text of Colorado Colorado Revised Statutes § 40-23-102 — Power of company so organized., with citation guidance and answers to common questions.
§ 40-23-102. Power of company so organized.
The railroad company so organized has the power to acquire and purchase the property and franchises so sold and conveyed, and to take, hold, exercise, and enjoy all the estate, franchises, rights, powers, privileges, and claims or demands at law or in equity of the corporation whose property and franchises have been so sold and conveyed; and, in payment of the price therefor, such railroad company may issue its capital stock and bonds and may mortgage its property and franchises with such classification of capital stock and bonds as may be agreed upon by and between such railroad company and the parties who may be beneficially interested or who may have the ownership and control of such property and franchises.
Source: L. 1885: p. 150, § 2. R.S. 08: § 5429. C.L. § 2835. CSA: C. 139, § 21. CRS 53: § 116-4-2. C.R.S. 1963: § 116-4-2.
ARTICLE 24
Electric and Street Railroads
40-24-101. Street railway - consent necessary.
40-24-102. Grant right-of-way - condemnation.
40-24-103. Petition for right-of-way.
40-24-104. Railroad to maintain and keep joint road and bridges in good repair.
40-24-105. New bridges - construction and maintenance.
40-24-106. Width of joint bridges.
40-24-107. Forfeiture of right-of-way - cause.
40-24-108. Railroad subject to assignment.
40-24-109. Protection of employees from weather. (Repealed)
40-24-110. Motormen to have unobstructed view - trailing car excepted. (Repealed)
40-24-111. Each day an offense - penalty. (Repealed)
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 40-23-102
What does Colorado Revised Statutes § 40-23-102 cover?
Section 40-23-102 ("Power of company so organized.") is part of the Colorado Revised Statutes, the codified statutory law of Colorado. 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 Colorado § 40-23-102?
A common citation format is "Colorado Revised Statutes § 40-23-102" (Colorado). 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 Colorado law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Colorado official source linked on this page or consult a licensed Colorado attorney.
How does Colorado § 40-23-102 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Colorado 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 Colorado.