40:62-117. Expenses prior and subsequent to acquisition of plant
48 words·~1 min read·
/nj/title-40/chapter-62/40-62-117A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
All expenses incurred prior to the acquisition of the waterworks shall be considered as part of the cost thereof. All expenses subsequently incurred for operating the waterworks and all other expenses and charges not properly chargeable to capital account shall be paid or set aside out of earnings.