New Jersey § 48:15-43.2 Trackless trolleys deemed autobuses for certain purposes; taxation

New Jersey Statutes

§ 48:15-43.2 — Trackless trolleys deemed autobuses for certain purposes; taxation

New Jersey § 48:15-43.2

Title 48PUBLIC UTILITIES

This text of New Jersey § 48:15-43.2 (Trackless trolleys deemed autobuses for certain purposes; taxation) 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. § 48:15-43.2 (2026).

Text

Whenever any traction company, or company operating or authorized by the laws of this State to operate a street railway or railroad operated as a street railway or an elevated railroad or a subway by means of an overhead trolley system shall operate substituted vehicles of the character described in section 48:15-41 of this Title, such vehicles and the operation thereof shall with respect to traffic regulations, registration as motor vehicles and for the purpose of taxation be deemed to be autobuses, and every such company operating such autobuses as aforesaid shall be required to pay taxes as prescribed by law for street railway and traction companies operating autobuses. Amended by L.1941, c. 131, p. 447, s. 3, eff. May 16, 1941.

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Whenever any traction company, or company operating or authorized by the laws of this State to operate a street railway or railroad operated as a street railway or an elevated railroad or a subway by means of an overhead trolley system shall operate substituted vehicles of the character described in section 48:15-41 of this Title, such vehicles and the operation thereof shall with respect to traffic regulations, registration as motor vehicles and for the purpose of taxation be deemed to be autobuses, and every such company operating such autobuses as aforesaid shall be required to pay taxes as prescribed by law for street railway and traction companies operating autobuses. Amended by L.1941, c. 131, p. 447, s. 3, eff. May 16, 1941.