Section 48:3-123 - Abandoned line, owning entity, correcting condition, removala. Notwithstanding any law, rule, regulation, or order to the contrary, and in accordance with federal law, if applicable, an entity owning a line that is abandoned shall either correct the condition causing the line to be abandoned or remove that line from all points of attachment, as provided under subsection d. of section 3 of P.L. 2023, c. 293 (C.48:3-124).b. Notwithstanding any law, rule, regulation, or order to the contrary, when an entity that owns one or more lines in the State ceases to do business in the State, the entity shall remove the lines from all points of attachment, except not including any line for which the ownership is transferred to another entity and the line is not otherwise deemed to be abandoned.c.(1) Following the effective date of P.L. 2023, c. 293 (C.48:3-122 et seq.) and in accordance with federal law, if applicable, an entity that installs a new line, which line is attached to a building or structure and owned by the entity, shall mark the end of the line attached to the building or structure with the initials of the entity's name, abbreviation of the entity's name, corporate symbol, or other distinguishing mark or code by which ownership may be readily and definitely ascertained.(2) When an entity owns or maintains a line that is attached to a building or structure, which line was installed before the effective date of P.L. 2023, c. 293 (C.48:3-122 et seq.), and the entity discovers that the line does not contain the markings specified in paragraph (1) of this subsection, the entity shall mark the end of the line attached to the building or structure with the initials of the entity's name, abbreviation of the entity's name, corporate symbol, or other distinguishing mark or code by which ownership may be readily and definitely ascertained. Nothing in this subsection shall be construed to require an entity to affirmatively search for any unmarked lines.Added by L. 2023, c. 293, s. 2, eff. 1/16/2024, app. 4/16/2024.