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New Jersey Statutes, Title: 17, CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE
Chapter 9a:
Section: 17:9a-53.7: Security; prohibition; endorsers or guarantors
No security shall be taken for an educational loan, but this prohibition shall not preclude a banking institution from requiring one or more endorsers or guarantors of such loan.
L.1975, c. 287, s. 6, eff. Jan. 12, 1976.
This section added to the Rutgers Database: 2013-06-10 16:36:30.
Older versions of 17:9a-53.7 (if available):
Court decisions that cite this statute:
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