New Jersey § 48:12-2 Exclusive franchises;  railroads subject to general laws

New Jersey Statutes

§ 48:12-2 — Exclusive franchises; railroads subject to general laws

New Jersey § 48:12-2

Title 48PUBLIC UTILITIES

This text of New Jersey § 48:12-2 (Exclusive franchises; railroads subject to general laws) 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. § 48:12-2 (2026).

Text

No franchise granted prior to July 4, 1903, to construct a railroad or build or establish bridges or ferries or operate any line of travel and take tolls or fares therefor shall after that date remain exclusive and no like franchise granted after that date shall be exclusive unless in such grant heretofore or hereafter made it be so expressly provided. All railroad corporations organized under this Title shall be subject to all general laws now or hereafter passed to regulate railroads and their operation. Amended by L.1962, c. 198, s. 105.

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No franchise granted prior to July 4, 1903, to construct a railroad or build or establish bridges or ferries or operate any line of travel and take tolls or fares therefor shall after that date remain exclusive and no like franchise granted after that date shall be exclusive unless in such grant heretofore or hereafter made it be so expressly provided. All railroad corporations organized under this Title shall be subject to all general laws now or hereafter passed to regulate railroads and their operation. Amended by L.1962, c. 198, s. 105.