48:12-148. Lease of railroad by trustee or receiver; conditions
No lease of a railroad shall be made by a trustee or receiver appointed by the Superior Court except upon a rental and adequate security for the payment of the same, both to be first approved by the Superior Court and a majority of the stockholders of the railroad in interest, upon such public notice to the parties in interest as the Superior Court shall direct.
Amended by L.1962, c. 198, s. 155.
Section: Previous 48-12-141 48-12-142 48-12-143 48-12-144 48-12-145 48-12-146 48-12-147 48-12-148 48-12-149 48-12-150 48-12-151 48-12-152 48-12-153 48-12-154 48-12-155 Next
Last modified: October 11, 2016