48:2-37 - Corporations and persons owning or controlling public utility stock; compelling production of records and attendance of witnesses - New Jersey Statutes

48:2-37.  Corporations and persons owning or controlling public utility stock;  compelling production of records and attendance of witnesses
    The board, or any member of the board, may compel by service of its subpoena  the production of the books, accounts, records, contracts and other documents  in writing of (a) any corporation or person owning, holding or controlling,  separately or in affiliation with another corporation or person, five per cent  or more of the capital stock of any public utility, and of (b) any corporation  five per cent of whose capital stock is owned, held, or controlled by any  corporation or person so owning, holding or controlling, separately or in  affiliation with another corporation, or person, five per cent or more of the  capital stock of any public utility, respecting any relation between such  public utility and such corporation or person.

    The board, or any member of the board, may compel the attendance of witnesses for the purpose of obtaining information as to such books, accounts, records, contracts, and other documents and writings in the same manner that witnesses are now compelled to testify before the board.

    Information, books, accounts, records, contracts and other documents in writing obtained by the board through the proceeding hereby authorized shall be  used by the board only for the purpose of aiding the board in reaching a determination in a proceeding or on an issue before it, and for no other purpose.