17:12B-237. Notice to sinking fund mortgagors
92 words·~1 min read·
/nj/title-17/chapter-12b/17-12b-237·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Within 30 days after the date of its dissolution, the association shall mail to each owner of land, which is subject to a sinking fund mortgage held by such association, a notice stating that the association has dissolved and will liquidate; the date of its dissolution; and that applications for the extension of the time for payment of such mortgage loans may be made in accordance with the provisions of section 236 of this act. A copy of section 236 shall be enclosed with each such notice.
L.1963, c. 144, s. 237.