New Jersey § 48:12-137
Full text of New Jersey New Jersey Statutes § 48:12-137, with citation guidance and answers to common questions.
§ 48:12-137.
When any railroad company organized under the laws of this State shall, by agreement
of lease, merger or consolidation, become possessed of a line of railroad between
the termini named in its certificate of incorporation and cars are actually being
operated thereon, and shall file a certificate of that fact with the State Treasurer
over its corporate seal, signed by its president and attested by its secretary and
verified by the affidavit of its treasurer, the State Treasurer shall repay to such
company the sum of money deposited with the State Treasurer as required by section 48:12-8 1 of this Title or so much thereof as shall not have been already repaid. In case the company has become merged or consolidated, the sum shall be paid to
the new or acquiring company formed by the consolidation or merger. 1
Repealed.
Frequently Asked Questions About New Jersey § 48:12-137
What does New Jersey Statutes § 48:12-137 cover?
Section 48:12-137 is part of the New Jersey Statutes, the codified statutory law of New Jersey. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Jersey § 48:12-137?
A common citation format is "New Jersey Statutes § 48:12-137" (New Jersey). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Jersey law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.
How does New Jersey § 48:12-137 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Jersey.