§ 312. Orders of the commissioner of transportation. In addition to its other powers under this article, the commissioner of transportation shall have power, after a hearing held in his discretion, on his own motion and on reasonable notice, to make and file such orders as he may deem necessary or appropriate to direct a corporation which is or has been a railroad redevelopment corporation to comply with any of the terms and conditions contained in its certificate of approval or with any provisions of this article which the commissioner of transportation finds are not being complied with by such corporation.

Terms Used In N.Y. Railroad Law 312

  • certificate of approval: when used in this article, shall mean the certificate of approval as it may be amended from time to time. See N.Y. Railroad Law 303
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  Previous section
Next section  
 Article 7 Contents