N.J.S.A. 58:5-21

Conveyance of distribution or water plant to municipality

58:5-21. Conveyance of distribution or water plant to municipality If the commission acquires any part or all of any distribution or water plant, it may convey the same to the municipality in which the same is situated or to whose use it is devoted, at the cost thereof as nearly as may be and upon such equitable terms as the commission may fix.

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This is the verbatim text of N.J.S.A. 58:5-21, 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.