N.J.S.A. 46:9-8.3

No outstanding indebtedness

46:9-8.3. No outstanding indebtedness The priority of the lien of a mortgage loan shall not be affected by the fact that there may not have been any outstanding indebtedness at some time or times during the term specified in the mortgage. L. 1985, c. 353, s. 3, eff. Nov. 9, 1985.

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This is the verbatim text of N.J.S.A. 46:9-8.3, 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. 46:9-8.3 — No outstanding indebtedness | Kyzer