ยง 148. Lease and conveyance of road. 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.
Structure New York Laws
Article 4 - Consolidation, Lease, Sale and Reorganization
141 - Mergers and Consolidations of Certain Railroad Corporations.
144 - Assessment of Property of New or Surviving Corporation.
145 - Stocks of Municipal Corporations, How Represented.
146 - Foreclosure of Mortgages Made by Consolidated Railroads Partly in the State.
147 - Powers of Corporations Organized to Acquire and Operate Railroads Partly in the State.
148 - Lease and Conveyance of Road.