State Codes and Statutes

Statutes > New-jersey > Title-48 > Section-48-9 > 48-9-18

48:9-18. Companies may mortgage property and franchises
Any company organized under this chapter may mortgage any or all of its property, real or personal, including franchises, when necessary to enable it to carry on its operations.

State Codes and Statutes

Statutes > New-jersey > Title-48 > Section-48-9 > 48-9-18

48:9-18. Companies may mortgage property and franchises
Any company organized under this chapter may mortgage any or all of its property, real or personal, including franchises, when necessary to enable it to carry on its operations.