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New Jersey Statutes, Title: 31, INTEREST AND USURY

    Chapter 1: Contract rate; rate on mortgages on dwellings and other loans; computation of interest or discount; determination of rates

      Section: 31:1-9: Nature and affect of act

           This act shall constitute and be construed as a suspension and as an amendment, for the aforesaid period, of the provisions of every law or statute establishing any limitation as to rate of interest per annum or cost of borrowing money applicable to any county, municipality, school district, body corporate and politic, district or public authority, agency, commission or other public institution heretofore or hereafter created as aforesaid.

L.1969, c. 137, s. 3, eff. July 3, 1970. Amended by L.1970, c. 49, s. 4, eff. May 8, 1970.




This section added to the Rutgers Database: 2012-09-26 13:37:50.






Older versions of 31:1-9 (if available):



Court decisions that cite this statute: CLICK HERE.