N.J.S.A. 48:15-11 — Powers not limited by description of route in certificate of incorporation

48:15-11. Powers not limited by description of route in certificate of incorporation The insertion in the certificate of incorporation of a street railway or traction company of a description of a line or route of railway or length of the same as proposed to be constructed and operated shall not limit or restrict the powers of the company. The company shall possess all the powers, rights and privileges granted to all street railway or traction companies with the same force and effect as if said description or designation had not been inserted in the certificate.

This is the verbatim text of N.J.S.A. 48:15-11, 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.