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40:62-23 - Municipality serving county or other municipality treated as private corporation

40:62-23.  Municipality serving county or other municipality treated as private corporation
    No municipality shall enter into any contract or supply any electricity, gas, steam or other product to any adjoining municipality or the inhabitants thereof, or to any county, unless such municipality, in supplying electricity, gas, steam or other product beyond its corporate limits, complies with all laws, regulations or orders applicable to private corporations, owning or operating any electric, gas, steam or other plant, or distributing or supplying  electricity, gas, steam or other product, and unless such municipality pays  taxes, including franchise licenses or taxes, the same as would be paid if such  plant or equipment were owned by a private corporation, and unless the board of  public utility commissioners shall, after notice and hearing, determine and  certify that such adjoining municipality or such county is not adequately and  properly served by an existing company.
 

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