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Code · New Jersey · Title 52 — Savings and Loan Associations [Repealed] · Chapter 27D

52:27D-343. Collateral

36 words·~1 min read·/nj/title-52/chapter-27d/52-27d-343

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

A provider shall pledge only the unencumbered assets of a continuing care facility as collateral for the purpose of securing loans for other continuing care facilities, whether proposed or existing.
L. 1986, c. 103, s. 14.
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