N.J.S.A. 48:12-77 — Sharing of expense of closing, abandoning or combining highway or crossing

48:12-77. Sharing of expense of closing, abandoning or combining highway or crossing Where the total cost of work is to be borne by the State, the expense of closing, abandoning or combining any existing road or highway shall be borne solely by the railroad company or companies involved. Where the cost of construction of the new State highway crossing is divided between the State and the railroad company or companies involved, the cost of closing, abandoning or combining the existing crossing shall be borne 95% by the State and 5% by the railroad company or companies involved. Amended by L.1947, c. 178, p. 818, s. 5; L.1965, c. 185, s. 3.

This is the verbatim text of N.J.S.A. 48:12-77, retrieved from the New Jersey Legislature's public statute corpus. Statutes are amended periodically — for the most current version, check the external source link above. Kyzer is not a law firm and this page is not legal advice.