Abstract: An electronic code following relay for use in a railroad signaling system includes a timing circuit for receiving an input square wave signal coded at a pre-determined code rate, and regenerating the input square wave signal at the pre-determined code rate after a predetermined time delay; and a driving circuit coupled to the timing circuit for receiving the delayed square wave signal therefrom and conducting, at the predetermined code rate, at least a power source to at least one of various components in the railroad signaling system including a rail of a track. The electronic code following relay is preferably microprocessor-based and uses an opto-coupler and various solid-state relays for conducting various DC and AC power sources to the components of the railroad signaling system.