Go to previous versions
of
this Section
2023 New Jersey Revised Statutes
Title 48 - Public Utilities
Section 48:2-29.5 - Regulating deposits by customers to secure payment for services; interest on deposits
Universal Citation:
NJ Rev Stat § 48:2-29.5 (2023)
Learn more
This media-neutral citation is based
on the American Association of Law Libraries Universal Citation Guide and is not
necessarily the official citation.
48:2-29.5. Regulating deposits by customers to secure payment for services; interest on deposits
The board may adopt rules and regulations prescribing the terms and conditions under which public utilities may require the deposit of moneys to secure the payment by customers of such sums as may become due for services to be rendered and the conditions under which repayment of moneys deposited for such purpose shall be made.
The board may adopt rules and regulations prescribing the rate of interest that shall be credited or paid on moneys so deposited.
Disclaimer: These codes may not be the most recent version. New Jersey may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
