New Jersey Administrative Code
Title 16 - TRANSPORTATION
Chapter 65 - TRANSPORTATION UTILITIES
Subchapter 4 - PETITIONS AND RIGHT OF FIRST REFUSAL
Section 16:65-4.13 - Petitions for permission to keep books and records outside the State of New Jersey
Universal Citation: NJ Admin Code 16:65-4.13
Current through Register Vol. 56, No. 18, September 16, 2024
(a) Petitions for authority to keep books, records, accounts, documents and other writings outside the State of New Jersey, filed with the Department as required under 48:3-7.8, shall, in the body of the petition, or in attached exhibits, provide the following information:
1. Complete description of the specific books,
records, accounts, documents and other writings proposed to be kept outside the
State of New Jersey;
2. The exact
location where the books and records will be kept;
3. If all books and records will not be kept
outside the State, what remaining records will be kept at the New Jersey
location;
4. The reason for proposing to
keep its books and records at a location outside the State;
5. The availability of adequate required space,
facilities and experienced personnel at the new location;
6. The cost to the petitioner of maintaining the
books and records at the new location as compared with the cost of maintaining the
records at the New Jersey location;
7.
The extent of the financial advantage to the customers and other benefits to the
utility which will result from keeping the books and records outside the
State;
8. Whether the books and records,
which will be kept at the location outside the State will be, upon written notice by
the Department, produced at such time and place within this State as the Department
may designate;
9. Whether the petitioner
will pay to the Department any reasonable expenses or charges incurred by the
Department for any investigation or examination;
10. The location where the petitioner will
continue to maintain an office within the State of New Jersey for the convenience of
its customers to file complaints and conduct other business with the utility;
and
11. The name and address of the
petitioner's statutory agent.
Disclaimer: These regulations may not be the most recent version. New Jersey may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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