48:19-26. Nonprofit senior citizen cooperative associations; exceptions from rules and laws on rates
138 words·~1 min read·
/nj/title-48/chapter-19/48-19-26A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The Board of Public Utility Commissioners is hereby authorized and empowered to grant exceptions from the literal requirements of those provisions of chapters 2, 3 and 19 of Title 48 of the Revised Statutes, or from any rules, regulations or procedures promulgated pursuant thereto, pertaining to the imposition or exaction of special, discriminatory or preferential rates or regulations or for the installation of metering devices, for determining any charges to be imposed by nonprofit water companies which are owned wholly by nonprofit senior citizen cooperative associations, and which provide service only to the members of such association.
Such exceptions shall only be granted upon a finding by the board that the literal application of said aforementioned provisions in such cases is unnecessary for the protection of the public interest.
L.1973, c. 160, s. 1, eff. June 7, 1973.