N.Y. Railroad Law 173-H – Existing license, grant, franchise, permit or consent reinstated on invalidity of amendment
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§ 173-h. Existing license, grant, franchise, permit or consent reinstated on invalidity of amendment. In the event that an amendment to any existing license, grant, franchise, permit or consent shall subsequently be declared invalid for any reason, or in the event of the failure of the approval thereof by the commissioner of transportation under the transportation law, the existing license, grant, franchise, permit or consent amended thereby shall, by operation of law be reinstated in full force and with like effect as though the same had not been amended.
Terms Used In N.Y. Railroad Law 173-H
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.