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N.J. Stat. § 40:62-29

Use of income; reserves

New Jersey · New Jersey Statutes Title 40 — Municipalities and Counties · Status: effective

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N.J. Stat. § 40:62-29, Use of income; reserves, New Jersey, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1467413
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From such income may be expended operating costs of such station or hall. Reserves may be set up to provide for the nonproductive or seminonproductive operations of the station or hall.