§ 108. Regulation. In construction and operation of its plant and equipment and in the transaction of its business, every such corporation shall be subject to all regulations as to construction, fire, health and safety imposed by law, ordinance or local authority.

Terms Used In N.Y. Transportation Corporations Law 108

  • 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.