New Jersey § 17:16C-36 Waiver of right of action by retail buyer against seller, holder, etc.

New Jersey Statutes

§ 17:16C-36 — Waiver of right of action by retail buyer against seller, holder, etc.

New Jersey § 17:16C-36

Title 17CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE

This text of New Jersey § 17:16C-36 (Waiver of right of action by retail buyer against seller, holder, etc.) is published on Counsel Stack Legal Research, covering New Jersey primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.J. Stat. Ann. § 17:16C-36 (2026).

Text

No retail installment contract or retail charge account or separate instruments executed in connection therewith shall contain any provisions whereby the retail buyer waives any right of action or defense against the retail seller, sales finance company, holder or other person acting on his or her behalf for any illegal act committed in the collection of the payments under the contract or account or in the repossession of the goods, the subject of the retail installment contract or retail charge account and any such provision shall be void and unenforceable. L.1960, c. 40, p. 155, s.

36.Amended by L.1971, c. 409, s. 7.

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No retail installment contract or retail charge account or separate instruments executed in connection therewith shall contain any provisions whereby the retail buyer waives any right of action or defense against the retail seller, sales finance company, holder or other person acting on his or her behalf for any illegal act committed in the collection of the payments under the contract or account or in the repossession of the goods, the subject of the retail installment contract or retail charge account and any such provision shall be void and unenforceable. L.1960, c. 40, p. 155, s. 36. Amended by L.1971, c. 409, s. 7.