La. Rev. Stat. § 33:4165
Contracts between municipalities for electric interurban railways; proration of ownership
Louisiana · Louisiana Revised Statutes Title 33 — Municipalities and Parishes · Status: effective
Cite this
- Citation
- La. Rev. Stat. § 33:4165, Contracts between municipalities for electric interurban railways; proration of ownership, Louisiana, version 1 as recorded 2026-10-04, yourstate.us, https://yourstate.us/provision/2716810
- Permanent ID
ys:prov:2716810@1- SHA-256
abeebd5390cd13410e96ddeadd13d8b2ba3dc3c8ce2cd117fcabdd618f490a0e
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
Municipalities may cooperate, combine, and make contracts with each other and with municipalities in other states in the ownership, construction, acquiring, leasing, operation, and maintenance of electric interurban railways between points in this state, or between points in this state and other states, and electric power or hydroelectric power plants necessary in connection therewith.
The ownership of the interurban electric railway system shall be prorated, allotted, or distributed among the different municipalities that take advantage of the authority granted in this section in proportion to the amount invested by each municipality. The profit from the operation of electric interurban railways, or the loss sustained thereby, shall be divided in proportion to the amount invested by each municipality.