New Jersey § 17:2A-3 Basis for rules;  rates and interest charges;  property not affected by disaster

New Jersey Statutes

§ 17:2A-3 — Basis for rules; rates and interest charges; property not affected by disaster

New Jersey § 17:2A-3

Title 17CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE

This text of New Jersey § 17:2A-3 (Basis for rules; rates and interest charges; property not affected by disaster) 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. § 17:2A-3 (2026).

Text

In the adoption, implementation and administration of such emergency rules and regulations, the commissioner shall consider the interest of disaster victims, the welfare of the public generally and the safety of the financial institutions involved. The commissioner shall have no power to relax, waive or modify any statutory limitation upon permissible rates or lawful interest charges. He shall incorporate in such regulations precautions necessary to prevent the use of any broadened mortgage powers permitted by rule or regulation in connection with real property not destroyed, damaged or materially affected by the disaster. L.1962, c. 43, s. 3.

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In the adoption, implementation and administration of such emergency rules and regulations, the commissioner shall consider the interest of disaster victims, the welfare of the public generally and the safety of the financial institutions involved. The commissioner shall have no power to relax, waive or modify any statutory limitation upon permissible rates or lawful interest charges. He shall incorporate in such regulations precautions necessary to prevent the use of any broadened mortgage powers permitted by rule or regulation in connection with real property not destroyed, damaged or materially affected by the disaster. L.1962, c. 43, s. 3.

Nearby Sections

4

§ 17:2A-1

Definitions

§ 17:2A-2

Emergency rules and regulations; adopted by commissioner

§ 17:2A-3

Basis for rules; rates and interest charges; property not affected by disaster

§ 17:2A-4

Exercise of emergency powers; declaration by commissioner; operative period of rules and regulations

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New Jersey § 17:2A-3, Counsel Stack Legal Research, https://law.counselstack.com/statute/nj/17/17%3A2A-3.