N.J.S.A. 48:3-7.4

Depreciation fund investments kept in state

48:3-7.4. Depreciation fund investments kept in state Every public utility shall at all times keep within this state all obligations and securities in which its depreciation fund is invested and reinvested.

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This is the verbatim text of N.J.S.A. 48:3-7.4, 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.