48:19-26 - Nonprofit senior citizen cooperative associations; exceptions from rules and laws on rates - New Jersey Statutes

48:19-26.  Nonprofit senior citizen cooperative associations; exceptions from rules and laws on rates
    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.