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New Jersey Statutes, Title: 17, CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE

    Chapter 16k:

      Section: 17:16k-6: Negligent, willful or reckless violation of act by financial institution or government agency; penalties

           If a court of competent jurisdiction determines that a financial institution or a government agency acted negligently, willfully, or recklessly in violating this act, the financial institution or government agency shall be liable to the aggrieved person for actual damages sustained by him; reasonable litigation costs; reasonable attorneys' fees; and only in cases where a financial institution or government agency acted willfully or recklessly, a court of competent jurisdiction may award punitive damages where appropriate. L.1983, c. 466, s. 6, eff. Jan. 12, 1984.



This section added to the Rutgers Database: 2013-06-10 16:36:30.






Older versions of 17:16k-6 (if available):



Court decisions that cite this statute: CLICK HERE.