New Jersey § 45:22-22 Interest chargeable; exceptions.

New Jersey Statutes

§ 45:22-22 — Interest chargeable; exceptions.

New Jersey § 45:22-22

Title 45PROFESSIONS AND OCCUPATIONS

This text of New Jersey § 45:22-22 (Interest chargeable; exceptions.) 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. § 45:22-22 (2026).

Text

45:22-22. Notwithstanding the provisions of N.J.S.2C:21-19 to the contrary, a pawnbroker shall not charge or receive interest on a loan in excess of 4.5% per month or a fraction thereof, except that he may charge $1.50 where the interest herein amounts to less. In no event shall any other charges be made for any reason whatsoever, except as permitted by the Commissioner of Banking and Insurance. amended 1957, c.129; 1984, c.84, s.1; 2001, c.388, s.2; 2013, c.213.

Free access — add to your briefcase to read the full text and ask questions with AI

45:22-22. Notwithstanding the provisions of N.J.S.2C:21-19 to the contrary, a pawnbroker shall not charge or receive interest on a loan in excess of 4.5% per month or a fraction thereof, except that he may charge $1.50 where the interest herein amounts to less. In no event shall any other charges be made for any reason whatsoever, except as permitted by the Commissioner of Banking and Insurance. amended 1957, c.129; 1984, c.84, s.1; 2001, c.388, s.2; 2013, c.213.