New Jersey Statutes

§ 17:12B-210 — Applicability of sections 17:12B-208, 17:12B-209 to indebtedness on loan to enable association to effect sale of assets

New Jersey § 17:12B-210
JurisdictionNew Jersey
Title 17CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE

This text of New Jersey § 17:12B-210 (Applicability of sections 17:12B-208, 17:12B-209 to indebtedness on loan to enable association to effect sale of assets) 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. § 17:12B-210 (2026).

Text

The provisions of sections 208 and 209 of this act shall not be applicable to or in any way affect any indebtedness on account of any loan made to an association to enable it to effect a sale of its assets, and any such indebtedness shall become and be an indebtedness of such corporation; and any obligation evidencing such indebtedness, any mortgage, assignment of mortgage or other document securing such obligation and any agreement with respect to any such indebtedness shall become and be binding upon such corporation and upon its assets with like force and effect as if originally incurred by such corporation. L.1963, c. 144, s. 210.

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Bluebook (online)
New Jersey § 17:12B-210, Counsel Stack Legal Research, https://law.counselstack.com/statute/nj/17/17%3A12B-210.