New Jersey § 48:9-25.9 Rights of corporation to which sale, transfer, conveyance and assignment has been made

New Jersey Statutes

§ 48:9-25.9 — Rights of corporation to which sale, transfer, conveyance and assignment has been made

New Jersey § 48:9-25.9

Title 48PUBLIC UTILITIES

This text of New Jersey § 48:9-25.9 (Rights of corporation to which sale, transfer, conveyance and assignment has been made) 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. § 48:9-25.9 (2026).

Text

The corporation to whom such sale, transfer, conveyance and assignment has been made, shall, thereupon, have and possess all the rights, powers, and privileges to and in such franchises, consents, permits, rights, authorizations, designations or similar privileges, as the transferring corporation had and may exercise all rights, powers and privileges to and in such franchises, consents, permits, rights, authorizations, designations or similar privileges, to the same extent as if the transferring corporation were exercising the same. L.1952, c. 34, p. 124, s. 2, eff. April 16, 1952.

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The corporation to whom such sale, transfer, conveyance and assignment has been made, shall, thereupon, have and possess all the rights, powers, and privileges to and in such franchises, consents, permits, rights, authorizations, designations or similar privileges, as the transferring corporation had and may exercise all rights, powers and privileges to and in such franchises, consents, permits, rights, authorizations, designations or similar privileges, to the same extent as if the transferring corporation were exercising the same. L.1952, c. 34, p. 124, s. 2, eff. April 16, 1952.