There is a newer version
of
the New York Laws
2019 New York Laws
RRD - Railroad
Article 4 - Consolidation, Lease, Sale and Reorganization
162 - Acquisition and Maintenance of Railroad Built, Owned or Operated by a Corporation Not Organized Under This Chapter.
Universal Citation: NY RR L § 162 (2019)
§ 162. Acquisition and maintenance of railroad built, owned or operated by a corporation not organized under this chapter. No railroad corporation organized under subdivision three of section five of this chapter shall acquire, purchase or lease or maintain and operate a railroad already built, owned and operated by a corporation of this state not organized under the railroad law, unless the commissioner of transportation shall consent thereto.
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