17:29-11. Substitution of policies; charges prohibited; exception
46 words·~1 min read·
/nj/title-17/chapter-29/17-29-11A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
No lender or other legal entity servicing mortgages shall make in connection with any mortgage loan any charge for the substitution of an insurance policy or policies except as may be permitted by regulation of the Commissioner of Banking and Insurance.
L.1965, c. 27, s. 1.