N.Y. Transportation Corporations Law 16 – No rent for meters to be charged
Current as of: 2024 | Check for updates
|
Other versions
§ 16. No rent for meters to be charged. No gas corporation, electric corporation or gas and electric corporation directly or indirectly shall charge or collect rent on its gas meters, and any person, or corporation violating this provision shall be liable to a penalty of fifty dollars for each offense, to be sued for and recovered in the corporate name of the city, town or village where the violation occurs, in any court having jurisdiction, and when collected to be paid into the treasury of such city, town or village and to constitute a part of the contingent or general fund thereof.
Terms Used In N.Y. Transportation Corporations Law 16
- 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.
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.