N.J.S.A. 46:10B-7

Failure to accept additional payments; forfeiture of interest

46:10B-7. Failure to accept additional payments; forfeiture of interest Any holder of a mortgage loan or agent acting on behalf of such holder who shall wilfully fail or refuse to accept additional payments tendered pursuant to section 3 of this act shall forfeit his right to receive interest on the amount so tendered. L.1968, c. 54, s. 7, eff. June 6, 1968.

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This is the verbatim text of N.J.S.A. 46:10B-7, 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. 46:10B-7 — Failure to accept additional payments; forfeiture of interest | Kyzer