{"data":{"id":"us-nj/n.j.-stat.-40a-2-46","jurisdiction":"us-nj","citation":"N.J. Stat. § 40A:2-46","heading":"Self-liquidating purposes during construction","body":"Any municipal public utility shall be deemed to be self-liquidating during the period of construction or acquisition and until it shall have been in operation for at least 1 fiscal year if the local government board or, in the case of a project consisting of acquisition of land areas needed for a redevelopment housing project, the Division of Planning and Development in the Department of Conservation and Economic Development shall have determined by order on the basis of a project report that the said municipal public utility will have an income sufficient to make it a self-liquidating purpose.\nL.1960, c. 169, s. 1, eff. Jan. 1, 1962.","path":["TITLE 40A MUNICIPALITIES AND COUNTIES"],"source_url":"https://pub.njleg.state.nj.us/statutes/STATUTES-TEXT.zip","current_through":"P.L.2025, c.405, and J.R.22","vintage":"","retrieved_at":"2026-08-27T17:54:13Z","sha256":"dd869fe64218183ff01ec80baffda80be5690e61f30aaf855aa3444978109154","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-40a-2-45","next":"us-nj/n.j.-stat.-40a-2-47"},"notice":"GroundRules: Original legal text. Not legal advice."}