New Jersey Code § 32:11D-49

Development contracts
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32:11D-49. Development contracts
The commission may after public notice and hearing enter into contracts on reasonable terms, consideration and duration under which public utilities or public agencies may develop hydroelectric power and hydroelectric energy through the use of dams, related facilities and other appurtenances.
L.1961, c. 13, p. 63, s. 9.4.

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