§ 2. Definitions. As used in this chapter, unless the context otherwise requires:

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Terms Used In N.Y. Railroad Law 2

  • 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.

(1) "Commissioner of transportation", "Commissioner" or "commission" means the state commissioner of transportation.

(2) "Certificate of incorporation" and "bonds" have the meaning set forth in § 102 of the business corporation law.