FORMATION AND UNION OF RAILROAD CORPORATIONS; LEASES AND EXTENSIONS
Regulation of Railroads
367:51 Accounts, Records, and Reports.
I. The commissioner may require:
(a) Annual reports from all railroads. The commissioner shall require that the reports be made under oath;
(b) Specific answers to any questions deemed necessary by the commissioner; and
(c) Copies of any agreements between a railroad and any other person if the agreement affects the railroad's business as regulated by RSA 367.
II. The commissioner shall adopt rules, pursuant to RSA 541-A, relative to:
(a) The form of accounts and all other records to be kept by railroads; and
(b) The length of time a railroad shall keep accounts and records.
III. The commissioner or his representative shall have access, at reasonable times, to all accounts, records and other documents of a railroad which relate to RSA 367.
IV. RSA 367:51 shall apply to receivers of railroad and operating trustees. RSA 367:51 shall apply, as deemed necessary by the commissioner, to persons with direct or indirect control over a railroad.
V. Annual reports of railroads shall conform as nearly as may be to those required of common carriers by the Interstate Commerce Commission under the provisions of the act of Congress, entitled "An Act To Regulate Commerce," and the acts amendatory thereof and supplementary thereto.
Source. 1985, 402:19.