Terms Used In New Jersey Statutes 48:2-21.41

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • State: extends to and includes any State, territory or possession of the United States, the District of Columbia and the Canal Zone. See New Jersey Statutes 1:1-2
1. a. As used in P.L.2018, c.77 (C. 48:2-21.41):

“Armed forces” means the air, land, and sea forces established by State or federal law.

“Public utility” shall have the same meaning as provided in R.S.48:2-13.

“Veterans’ organization” means an organization dedicated to serving the needs of veterans of the armed forces that: is chartered under federal law, qualifies as a tax exempt organization under paragraph (19) of subsection (c) of section 501 of the federal Internal Revenue Code of 1986, 26 U.S.C. § 501 (c)(19), or that is organized as a corporation under the “New Jersey Nonprofit Corporation Act,” N.J.S. 15A:1-1 et seq.

b. Notwithstanding any law, rule, regulation, or order to the contrary, a public utility shall charge a veterans’ organization a residential rate for service delivered to the property at which the veterans’ organization primarily operates, if the residential rate is lower than the commercial rate for service at that property.

c. A public utility, in consultation with the Board of Public Utilities, shall establish a reasonable procedure by which an organization may certify itself as a veterans’ organization with the public utility for the purposes of subsection b. of this section.

L.2018, c.77, s.1.