2016 New Jersey Revised Statutes
Title 48 - Public Utilities
Section 48:12-2 - Exclusive Franchises; Railroads Subject To General Laws
48:12-2. Exclusive franchises; railroads subject to general laws
No franchise granted prior to July 4, 1903, to construct a railroad or build or establish bridges or ferries or operate any line of travel and take tolls or fares therefor shall after that date remain exclusive and no like franchise granted after that date shall be exclusive unless in such grant heretofore or hereafter made it be so expressly provided.
All railroad corporations organized under this Title shall be subject to all general laws now or hereafter passed to regulate railroads and their operation.
Amended by L.1962, c. 198, s. 105.
Disclaimer: These codes may not be the most recent version. New Jersey may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
