| 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: 17, CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE
Chapter 3b: Truth in lending; inconsistent state provisions
Section: 17:3b-9: Purchases and loans--differing terms
Purchases and loans--differing terms. A lender may, if the agreement governing a revolving credit plan so provides, impose different terms, including, without limitation, the terms governing the periodic percentage rate or rates used to calculate interest, the method of computing the outstanding unpaid indebtedness to which the rates are applied, and the terms of the installment repayment schedule, with respect to indebtedness arising out of purchases or loans made under the plan.
L. 1985, c. 81, s. 6, eff. March 14, 1985.
This section added to the Rutgers Database: 2013-06-10 16:36:30.
Older versions of 17:3b-9 (if available):
Court decisions that cite this statute:
CLICK HERE.