The authority may establish such reserves, funds or accounts as may be, in its discretion, necessary or desirable to further the accomplishment of the purposes of the authority or to comply with the provisions of any agreement made by or any resolution of the authority.
N.J. Stat. Ann. § 58:1B-13
Reserves, funds or accounts; establishment
Known as the New Jersey Water Supply Authority Act
The act spans §§ 58:1B-1 to 58:1B-9.2 (27 sections).
L.1981, c. 293, s. 13, 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.