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New Jersey Statutes, Title: 48, PUBLIC UTILITIES
Chapter 2: Board of Public Utilities continued; membership; terms.
Section: 48:2-21.11: Moneys received as reimbursement for costs incurred from insurance carrier or as result of legal action or settlement as moneys available
In determining just and reasonable rates for any electric utility pursuant to R.S. 48:2-21, R.S. 48:2-21.1, or section 31 of P.L.1962, c. 198 (C. 48:2-21.2), the Board of Public Utilities shall provide that any moneys received by the utility as reimbursement for costs incurred, including those for replacement energy, from any insurance carrier, or as a result of any legal action or settlement shall be accounted for as moneys available to the utility.
L.1983, c. 461, s. 1, eff. Jan. 12, 1984.
This section added to the Rutgers Database: 2012-09-26 13:37:54.
Older versions of 48:2-21.11 (if available):
Court decisions that cite this statute:
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