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New Jersey Statutes, Title: 17, CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE
Chapter 9a:
Section: 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.
This section added to the Rutgers Database: 2013-06-10 16:36:30.
Older versions of 17:9a-59.12 (if available):
Court decisions that cite this statute:
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