N.J.S.A. 17:3B-20

Deferred installments

17:3B-20. Deferred installments Deferred installments. A lender under a closed end credit agreement may, at any time, permit a borrower to defer installment payments on a loan and may, in connection with the deferral, charge and collect deferral charges in accordance with the loan agreement. L. 1985, c. 81, s. 17, eff. March 14, 1985.

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This is the verbatim text of N.J.S.A. 17:3B-20, 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.