There is a newer version of the New Jersey Revised Statutes
2013 New Jersey Revised Statutes
Title 56 - TRADE NAMES, TRADE-MARKS AND UNFAIR TRADE PRACTICES
Section 56:10-13.5 - Interest on overdue payments
NJ Rev Stat § 56:10-13.5 (2013) What's This?
56:10-13.5. Interest on overdue payments
6. If a motor vehicle franchisor fails to make any payment required by this 1991 amendatory and supplementary act within the time specified for payment, interest shall be added to that payment at the rate of 12% per annum from the date payment was due.
L.1991,c.459,s.6.
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