New Jersey § 48:15-4 Improper incorporation of certain companies not ground for questioning right to operate

New Jersey Statutes

§ 48:15-4 — Improper incorporation of certain companies not ground for questioning right to operate

New Jersey § 48:15-4

Title 48PUBLIC UTILITIES

This text of New Jersey § 48:15-4 (Improper incorporation of certain companies not ground for questioning right to operate) 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. § 48:15-4 (2026).

Text

The right of any company formed under any law of this state which on July fourth, one thousand nine hundred and twenty-seven, owned or operated a street railway upon the streets of this state to continue to own or operate such street railway or extensions thereof shall not be questioned or denied solely upon the ground that the company was improperly incorporated or organized or for any reason did not, by its incorporation, acquire the power to own and operate street railways.

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The right of any company formed under any law of this state which on July fourth, one thousand nine hundred and twenty-seven, owned or operated a street railway upon the streets of this state to continue to own or operate such street railway or extensions thereof shall not be questioned or denied solely upon the ground that the company was improperly incorporated or organized or for any reason did not, by its incorporation, acquire the power to own and operate street railways.