PREVIOUS SECTION | Go back to sections | Go back to the chapter | Go back to the N.J. Statutes homepage | NEXT SECTION |
New Jersey Statutes, Title: 48, PUBLIC UTILITIES
Chapter 12: Application of chapter
Section: 48:12-148: Lease of railroad by trustee or receiver; conditions
No lease of a railroad shall be made by a trustee or receiver appointed by the Superior Court except upon a rental and adequate security for the payment of the same, both to be first approved by the Superior Court and a majority of the stockholders of the railroad in interest, upon such public notice to the parties in interest as the Superior Court shall direct.
Amended by L.1962, c. 198, s. 155.
This section added to the Rutgers Database: 2012-09-26 13:37:55.
Older versions of 48:12-148 (if available):
Court decisions that cite this statute:
CLICK HERE.