Laws of New York (Last Updated: November 21, 2014) |
RRD Railroad |
Article 4. CONSOLIDATION, LEASE, SALE AND REORGANIZATION |
Section 148. Lease and conveyance of road
Latest version.
-
A railroad corporation may not contract, by way of lease, agreement to convey or otherwise, with any other such corporation for the use of their respective roads or routes, or any part thereof, situated within this state, without the permission and approval of the commissioner of transportation.