§ 109. Inconsistent acts. The provisions of any act and parts of acts, including the charter of Greater New York and the charter of any other city of the state, which are inconsistent with this article, and insofar only as they are inconsistent with this article, shall have no application to the rights, powers and obligations conferred or created by and under authority of this article or to any proceedings thereunder.

Terms Used In N.Y. Transportation Corporations Law 109

  • 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.
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.

Nothing in this Article of the business corporation law for the purpose of owning, controlling or operating warehouses, docks, wharves or water craft, but no corporation formed for any such purpose under the provisions of the business corporation law shall have the right or power to acquire real property by condemnation.

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