54:29A-8. Leased property
47 words·~1 min read·
/nj/title-54/chapter-29a/54-29a-8A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
If the property of a railroad be leased to or operated by another corporation, foreign or domestic, the property of the lessor, or company whose property is operated, shall be subject to taxation in the manner provided in this act.
L.1941, c. 291, p. 776, s. 8.