N.J.S.A. 17:16C-50

Additional charges prohibited; exceptions

17:16C-50. Additional charges prohibited; exceptions No retail seller, sales finance company, or holder shall charge, contract for, collect or receive from any retail buyer, directly or indirectly, any further or other amount for costs, charges, insurance premiums, examination, appraisal service, brokerage, commission, expense, interest, discount, fees, fines, penalties or other things of value in connection with retail installment contracts or retail charge accounts other than the charges permitted by this act, except court costs, attorney fees and the expenses of retaking and storing repossessed goods which are authorized by law. L.1960, c. 40, p. 160, s. 50. Amended by L.1971, c. 409, s. 14.

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This is the verbatim text of N.J.S.A. 17:16C-50, retrieved from the New Jersey Legislature's public statute corpus. Statutes are amended periodically — for the most current version, check the external source link above. Kyzer is not a law firm and this page is not legal advice.

N.J.S.A. 17:16C-50 — Additional charges prohibited; exceptions | Kyzer