Section 23-1-17-3.1 - Application; domestic railroad corporations(a) This article applies to a domestic railroad corporation incorporated before July 1, 1990, if:(1) the corporation's board of directors adopts a resolution electing to have this article apply to the corporation;(2) the resolution specifies the date this article will apply to the corporation; and(3) the resolution is filed in the office of the secretary of state before the date specified under subdivision (2).(b) The following do not apply to a railroad corporation incorporated under this article: (1) IC 8-4-1-1 through IC 8-4-1-12.(2) IC 8-4-2 through IC 8-4-6.(6) IC 8-4-13 through IC 8-4-14.(8) IC 8-4-21 through IC 8-4-22.(c) Unless otherwise specified in a resolution described under subsection (a), a reference to a statute listed under subsection (b) that is contained in the articles of association of a railroad corporation incorporated under this article shall be treated as a reference to the Indiana Business Corporation Law (IC 23-1).(d) A reference in a statute, other than a statute listed under subsection (b), to a railroad incorporated under a statute listed under subsection (b) shall be considered to include a railroad corporation to which this article applies.As added by P.L. 75-1990, SEC.2. Amended by P.L. 1-1993, SEC.190.