N.Y. Transportation Corporations Law 100 – Definition
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§ 100. Definition. A freight terminal corporation is a corporation organized to supply, maintain and operate freight terminal facilities– including docks, wharves, bulkheads, basins, tugs, floats, lighters and other shipping, and wharfage and lighterage for the receipt, delivery, storage or handling of freight; terminal warehousing, terminal ways, terminal stations and stores; and terminal factory and show room facilities, including power, heat, light and machinery.
Terms Used In N.Y. Transportation Corporations Law 100
- 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.