N.J.S.A. 17:9A-59.12

Violation of limitations upon liability; penalty

17:9A-59.12. Violation of limitations upon liability; penalty For a violation of section 11 of this act, the bank shall forfeit all interest on so much of the aggregate of all advance loans made to any one person as exceeds the limitations imposed by the said sections. L.1959, c. 91, p. 226, s. 12. Amended by L.1968, c. 64, s. 12.

External source: View on Justia →

This is the verbatim text of N.J.S.A. 17:9A-59.12, 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.