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New Jersey Statutes, Title: 48, PUBLIC UTILITIES

    Chapter 3: Unjust or unreasonable discriminations or classifications of rates; "board" defined

      Section: 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.



This section added to the Rutgers Database: 2012-09-26 13:37:54.






Older versions of 48:3-7.4 (if available):



Court decisions that cite this statute: CLICK HERE.