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New Jersey Statutes, Title: 48, PUBLIC UTILITIES
Chapter 9: Exclusive franchises; general laws applicable
Section: 48:9-18: Companies may mortgage property and franchises
Any company organized under this chapter may mortgage any or all of its property, real or personal, including franchises, when necessary to enable it to carry on its operations.
This section added to the Rutgers Database: 2012-09-26 13:37:55.
Older versions of 48:9-18 (if available):
Court decisions that cite this statute:
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