N.J.S.A. 48:14-16

Development and sale of electric power

48:14-16. Development and sale of electric power Every steam and water power company organized under the laws of this State may develop electric power for commercial purposes by means of water power and supply current and power at such prices as may be agreed upon. Such company may erect and maintain the necessary buildings, machinery and apparatus for developing power and current and distribute the same to any place or places. Amended by L.1962, c. 198, s. 170.

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This is the verbatim text of N.J.S.A. 48:14-16, 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.