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Statutes, codes, and regulations
New Jersey Statutes
Title 40 - MUNICIPALITIES AND COUNTIES
Chapter 40:62 - ACCOUNTS; SUPERVISION BY BOARD OF PUBLIC UTILITY COMMISSIONERS
Section 40:62-29 - Use of income; reserves

N.J. Stat. § 40:62-29

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Current through L. 2024, c. 62.
Section 40:62-29 - Use of income; reserves

From such income may be expended operating costs of such station or hall. Reserves may be set up to provide for the nonproductive or seminonproductive operations of the station or hall.

N.J.S. § 40:62-29


  • Section 40:62-28 - Income placed in separate fund; control of fund
  • Section 40:62-30 - Surplus used to meet bonds
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