58:5-21 - Conveyance of distribution or water plant to municipality - New Jersey Statutes

58:5-21.  Conveyance of distribution or water plant to municipality
    If the commission acquires any part or all of any distribution or water plant, it may convey the same to the municipality in which the same is situated  or to whose use it is devoted, at the cost thereof as nearly as may be and upon  such equitable terms as the commission may fix.