HRS §273-15
Railroad companies can issue bonds to raise money
A corporation that builds a railroad under this chapter can sell bonds to get money for construction. The company decides how much to borrow by issuing bonds in whatever amounts are convenient.
businesses
The statute, as written — Bonds
Any corporation which may be organized, and undertake the building of any railroad or railroads, in pursuance of the authority of this chapter, and in accordance with it, may issue bonds to raise money for the construction of such railroad or railroads, in such sums as may be convenient.
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