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

    Chapter 9a:

      Section: 17:9a-59.34: Use of proceeds for repayment of other loan

           Nothing in this act shall prevent a bank from making a small business loan, the proceeds of which will be applied in whole or in part to the repayment at or before final maturity of a loan theretofore made under the provisions of this act or otherwise.

L.1964, c. 162, s. 10.



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






Older versions of 17:9a-59.34 (if available):



Court decisions that cite this statute: CLICK HERE.