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Code · New Jersey · Title 17 — Notice and Publication · Chapter 3B

17:3B-20. Deferred installments

52 words·~1 min read·/nj/title-17/chapter-3b/17-3b-20

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Deferred installments. A lender under a closed end credit agreement may, at any time, permit a borrower to defer installment payments on a loan and may, in connection with the deferral, charge and collect deferral charges in accordance with the loan agreement.
L. 1985, c. 81, s. 17, eff. March 14, 1985.
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