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489 Gg — New York Law | CourtGPT
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  6. Title 2-b - Railroad Real Property of Interstate Railroad Companies489-aa - Legislative Declaration/
  7. 489 Gg
New York Legal Code

489 Gg

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The commissioner shall compute to the nearest thousandth of one percent a ratio for each railroad company by dividing its average railway expenses by its average railway revenues; provided, however, that if a railroad company shall have operated for less than one full year prior to the first day of the year in which a tentative determination of a railroad ceiling for that railroad company is made, then the ratio for that ceiling of that railroad company shall be one.