New Jersey Statutes

§ 48:12-148 — Lease of railroad by trustee or receiver; conditions

New Jersey § 48:12-148
JurisdictionNew Jersey
Title 48PUBLIC UTILITIES

This text of New Jersey § 48:12-148 (Lease of railroad by trustee or receiver; conditions) is published on Counsel Stack Legal Research, covering New Jersey primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
N.J. Stat. Ann. § 48:12-148 (2026).

Text

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.

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Bluebook (online)
New Jersey § 48:12-148, Counsel Stack Legal Research, https://law.counselstack.com/statute/nj/48/48%3A12-148.