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  • SECTION 147
    Powers of corporations organized to acquire and operate railroads partly in the state
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  • ARTICLE 4
    Consolidation, Lease, Sale and Reorganization
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  • SECTION 151
    Mortgagee may purchase at foreclosure sale
    • This entry was published on 2014-09-22
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    SECTION 148

    Lease and conveyance of road

    Railroad (RRD) CHAPTER 49, ARTICLE 4

    § 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.