On the application in writing of a director or of any person or persons owning one-fiftieth part of the entire paid-in capital stock of any corporation operating a railroad or the bonds or other evidences of indebtedness of the corporation equal in amount to one-fiftieth part of its paid-in capital stock, the Office of Regulatory Staff must make an examination into the books of the corporation.

HISTORY: 1962 Code SECTION 58-944; 1952 Code SECTION 58-944; 1942 Code SECTION 8292-25; 1932 Code SECTION 8286; Civ. C. '22 SECTION 4834; Civ. C. '12 SECTION 3158; Civ. C. '02 SECTION 2080; G. S. 1468; R. S. 1643; 1881 (17) 821; 2006 Act No. 318, SECTION 116, eff May 24, 2006.