N.Y. Railroad Law § 162: Acquisition and maintenance of railroad built, owned or operated by a corporation not organized under this chapter

§ 162. Acquisition and maintenance of railroad built, owned or

operated by a corporation not organized under this chapter. No railroad

corporation organized under subdivision three of section five of this

chapter shall acquire, purchase or lease or maintain and operate a

railroad already built, owned and operated by a corporation of this

state not organized under the railroad law, unless the commissioner of

transportation shall consent thereto.