54:29A-4. Property not used for railroad purposes
49 words·~1 min read·
/nj/title-54/chapter-29a/54-29a-4A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
All the property of a railroad company not used for railroad purposes shall be assessed and taxed by the same assessors, in the same manner and at the same rate as the taxable property of other owners in the same taxing district.
L.1941, c. 291, p. 775, s. 4.