New Jersey Statutes
§ 46:10B-7 — Failure to accept additional payments; forfeiture of interest
New Jersey·Title 46 PROPERTY
Any holder of a mortgage loan or agent acting on behalf of such holder who shall wilfully fail or refuse to accept additional payments tendered pursuant to section 3 of this act shall forfeit his right to receive interest on the amount so tendered. L.1968, c. 54, s. 7, eff. June 6, 1968.
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Nearby Sections
15
§ 46:10B-1
Definitions§ 46:10B-10
Interest rate; points§ 46:10B-11
Points; liability for receiving§ 46:10B-11.1
Discount points deemed interest on loan§ 46:10B-12
Graduated payment mortgage defined§ 46:10B-13
Authorization to make§ 46:10B-14
Use for dwelling units; limits on interest§ 46:10B-16
Short title§ 46:10B-17
Definitions§ 46:10B-21
Regulations