There is a newer version of the New Jersey Revised Statutes
2013 New Jersey Revised Statutes
Title 17 - CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE
Section 17:9A-59.12 - Violation of limitations upon liability; penalty
NJ Rev Stat § 17:9A-59.12 (2013) What's This?
17:9A-59.12. Violation of limitations upon liability; penalty
For a violation of section 11 of this act, the bank shall forfeit all interest on so much of the aggregate of all advance loans made to any one person as exceeds the limitations imposed by the said sections.
L.1959, c. 91, p. 226, s. 12. Amended by L.1968, c. 64, s. 12.
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