13:8-26. Lakes or ponds used for water power excepted
42 words·~1 min read·
/nj/title-13/chapter-8/13-8-26A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Nothing in sections 13:8-23 to 13:8-25 of this title shall warrant the owner of a pond or lake used solely or chiefly as a source of water power for a mill or factory in active operation to apply for exemption of taxes.