New Jersey Statutes
§ 45:22-18 — Payment by installments
New Jersey·Title 45 PROFESSIONS AND OCCUPATIONS
Upon the presentation of the ticket, and the tender of not less than five dollars as an installment on the principal together with accrued interest, the pawnbroker shall accept the same and issue a new ticket for the reduced amount.
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Nearby Sections
15
§ 45:22-1
Short title; definitions§ 45:22-13
Pawnbroker's records; details of§ 45:22-14
Pawnbroker to keep identification cards§ 45:22-15
Pledgor's ticket; contents§ 45:22-16
Redemption by holder of ticket§ 45:22-18
Payment by installments§ 45:22-2
License required§ 45:22-21
Spurious tickets§ 45:22-22
Interest chargeable; exceptions.