New Jersey § 48:12-138
Full text of New Jersey New Jersey Statutes § 48:12-138, with citation guidance and answers to common questions.
§ 48:12-138.
When a sale is made of a railroad in this State under execution or by force of a decree
or judgment in foreclosure or insolvency proceedings or otherwise, or when a lease
of a railroad is made by a receiver by order of the Superior Court, the sale and conveyance
or lease shall vest in the purchaser or lessee such title of the parties to the suit
as the court may direct, and may include all property and franchises of the company
subject to all conditions, limitations and restrictions.
Frequently Asked Questions About New Jersey § 48:12-138
What does New Jersey Statutes § 48:12-138 cover?
Section 48:12-138 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 § 48:12-138?
A common citation format is "New Jersey Statutes § 48:12-138" (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 § 48:12-138 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.