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New Jersey Statutes, Title: 17, CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE
Chapter 3b: Truth in lending; inconsistent state provisions
Section: 17:3b-27: Nonexclusivity
Nonexclusivity. The provisions of this act are not exclusive and the lender may at its option elect to extend credit either pursuant to this act or as otherwise permitted by applicable law. The provisions of this act shall apply to all transactions made pursuant to this act, notwithstanding any limitation on interest rate, charges, costs, fees, term of loan or collateral in any other loan or credit laws of this State.
L. 1985, c. 81, s. 24, eff. March 14, 1985.
This section added to the Rutgers Database: 2013-06-10 16:36:30.
Older versions of 17:3b-27 (if available):
Court decisions that cite this statute:
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