Every public utility shall at all times keep within this state all obligations and securities in which its depreciation fund is invested and reinvested.
N.J. Stat. Ann. § 48:3-7.4
Depreciation fund investments kept in state
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.