N.J. Stat. § 40:62-25: Contracts for supply of light, heat and power; duration

Any municipality may enter into a contract with any corporation supplying light, heat or power, or a supply of such light, heat or power, or any of them, for the public purposes of such municipality, for any period not exceeding 5 years.

Amended by L.1955, c. 141, p. 635, s. 1, eff. July 14, 1955.