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Terms Used In New Jersey Statutes 48:24-9

  • Contract: A legal written agreement that becomes binding when signed.
9. All persons in rural areas served, or proposed to be served, by a rural electric cooperative shall be eligible for membership in the cooperative upon terms as the cooperative’s bylaws may specify. The bylaws shall constitute a contract between the cooperative and each of its members.

L.2017, c.297, s.9.