New Jersey Statutes

§ 17:9A-53.8 — Disbursement in more than one advance; principal amount of loan

New Jersey § 17:9A-53.8
JurisdictionNew Jersey
Title 17CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE

This text of New Jersey § 17:9A-53.8 (Disbursement in more than one advance; principal amount of loan) 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. § 17:9A-53.8 (2026).

Text

When pursuant to an agreement between a banking institution and a borrower, an educational loan will be disbursed in more than one advance, the principal amount immediately following an advance shall be the amount owing on such loan immediately before such advance is made, plus the principal amount of the advance then being made. L.1975, c. 287, s. 7, eff. Jan. 12, 1976.

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Bluebook (online)
New Jersey § 17:9A-53.8, Counsel Stack Legal Research, https://law.counselstack.com/statute/nj/17/17%3A9A-53.8.