{"data":{"id":"us-nj/n.j.-stat.-48-12-148","jurisdiction":"us-nj","citation":"N.J. Stat. § 48:12-148","heading":"Lease of railroad by trustee or receiver;  conditions","body":"No lease of a railroad shall be made by a trustee or receiver appointed by the Superior Court except upon a rental and adequate security for the payment of the same, both to be first approved by the Superior Court and a majority of the stockholders of the railroad in interest, upon such public notice to the parties in interest as the Superior Court shall direct.\nAmended by L.1962, c. 198, s. 155.","path":["TITLE 48 PUBLIC UTILITIES"],"source_url":"https://pub.njleg.state.nj.us/statutes/STATUTES-TEXT.zip","current_through":"P.L.2025, c.405, and J.R.22","vintage":"","retrieved_at":"2026-08-27T17:54:13Z","sha256":"18c424b582f465d31a7715a41da23ec5b4b007d5c265fffa5a8f54ad6830c334","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-48-12-147","next":"us-nj/n.j.-stat.-48-12-149"},"notice":"GroundRules: Original legal text. Not legal advice."}