N.J.S.A. 2A:56-42 — Payments on principal of mortgage; disposition; discharge

2A:56-42. Payments on principal of mortgage; disposition; discharge When the principal sum, or a part thereof, secured as provided in section 2A:56-41 of this title, is collected, it shall be paid into the superior court, by payment to the clerk thereof, there to remain until paid out under the order and direction of the superior court or reinvested, and the clerk and his sureties shall be responsible therefor. No other payment shall discharge the bond and mortgage or authorize a county clerk or register to discharge the registry on record thereof. L.1951 (1st SS), c.344.

This is the verbatim text of N.J.S.A. 2A:56-42, 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.