N.J.S.A. 13:13-12.4 — Department may sell water; long term contracts

13:13-12.4. Department may sell water; long term contracts The Department of Conservation and Development shall be empowered to sell, for industrial purposes, water from said canal, on just and reasonable terms and conditions and at just and reasonable prices, and shall be empowered to enter into long term contracts, but not exceeding twenty-five years for the sale of such water, for industrial purposes, whenever it deems the same will reasonably promote industrial development in any section or sections of the State through which said canal flows and will properly conserve the public interest. L.1944, c. 272, p. 660, s. 4.

This is the verbatim text of N.J.S.A. 13:13-12.4, retrieved from the New Jersey Legislature's public statute corpus. Statutes are amended periodically — for the most current version, check the external source link above. Kyzer is not a law firm and this page is not legal advice.