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2020 New Jersey Revised Statutes
Title 48 - Public Utilities
Section 48:15-4 - Improper incorporation of certain companies not ground for questioning right to operate
Universal Citation:
NJ Rev Stat § 48:15-4 (2020)
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48:15-4. Improper incorporation of certain companies not ground for questioning right to operate
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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