New Jersey Statutes
§ 48:15-13 — Borrowing money; limitation
New Jersey § 48:15-13
JurisdictionNew Jersey
Title 48PUBLIC UTILITIES
This text of New Jersey § 48:15-13 (Borrowing money; limitation) 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. § 48:15-13 (2026).
Text
Any street railway or traction company may borrow from time to time such sums of money as may be necessary for the accomplishment of the objects of the company, not exceeding at any one time the amount of its capital stock issued, outstanding and fully paid for. Amended by L.1946, c. 287, p. 981, s. 2, eff. May 3, 1946.
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Nearby Sections
15
§ 48:15-10
General powers§ 48:15-13
Borrowing money; limitation§ 48:15-14
Bonds and mortgages; recording mortgages§ 48:15-16.1
Power of condemnation§ 48:15-19
Carrying newspapers, freight and express§ 48:15-20
Change of gauge§ 48:15-21
Joint use of tracks and equipment§ 48:15-22
Steam locomotives prohibitedCite This Page — Counsel Stack
Bluebook (online)
New Jersey § 48:15-13, Counsel Stack Legal Research, https://law.counselstack.com/statute/nj/48/48%3A15-13.