New Jersey § 48:12-143
Full text of New Jersey New Jersey Statutes § 48:12-143, with citation guidance and answers to common questions.
§ 48:12-143.
When the railroad and franchises of a railroad company of this state, or any part
thereof are sold by virtue of a decree, order or judgment of a court of competent
jurisdiction, any other railroad company of this state owning, leasing or operating
a railroad having physical connection therewith, may purchase the road and franchises
sold, either at the official sale or from the purchaser thereof at the sale. The railroad and franchises so purchased shall be merged with and become a component
part of the purchasing company upon filing and recording in the office of the secretary
of state a certificate, executed by its president and secretary, setting forth the
purchase, together with a survey of the route and an accurate map thereof.
Frequently Asked Questions About New Jersey § 48:12-143
What does New Jersey Statutes § 48:12-143 cover?
Section 48:12-143 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 § 48:12-143?
A common citation format is "New Jersey Statutes § 48:12-143" (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 § 48:12-143 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.