| PREVIOUS SECTION | Go back to sections | Go back to the chapter | Go back to the N.J. Statutes homepage | NEXT SECTION |
New Jersey Statutes, Title: 38, MILITIA--SOLDIERS, SAILORS AND MARINES
Chapter 23b: Purpose of act
Section: 38:23b-14.6: Payments by bank to authority for guaranty or insurance
Every bank which has made or which may hereafter make any approved veteran's loan or loans shall, in consideration of the guaranty or insurance, as herein provided, pay to the authority an amount equal to ten per centum (10\%) of all interest received by it on all such loans, to be payable at such time or times and in such manner as the authority may prescribe.
L.1945, c. 185, p. 629, s. 12.
This section added to the Rutgers Database: 2012-09-26 13:37:51.
Older versions of 38:23b-14.6 (if available):
Court decisions that cite this statute:
CLICK HERE.