The corporation may establish such additional and further reserve funds as may be, in its discretion, necessary and desirable or to comply with the provisions of any agreement made by or any resolution of the corporation.
N.J. Stat. Ann. § 12:11A-15
Additional reserve funds
Known as the The South Jersey Port Corporation Act
The act spans §§ 12:11A-1 to 12:11A-9 (30 sections).
L.1968, c. 60, s. 15, eff
Current official text: New Jersey Legislature. Digitized from the New Jersey Legislature bulk statutes download. Reproduced from public-domain New Jersey statutes; confirm against the official source for the current text. Not legal advice.