ยง 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.
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.