17:16F-2 - Definitions - New-jersey Statutes

State Codes and Statutes

Statutes > New-jersey > Title-17 > Section-17-16f > 17-16f-2

17:16F-2. Definitions
    As used in this act:

    a.   "Depository institution" means any banking institutions as defined in section 1 of the Banking Act of 1948, P.L.1948, c. 67 (C. 17:9A-1), any association as defined in the Savings and Loan Act (1963), P.L.1963, c. 144 (C. 17:12B-1 et seq.), and any State or Federal credit union but the provisions of section 4 of this act shall not apply to any depository institution which had total assets of $10,000,000.00 or less as of the last day of its last full fiscal year.

    b.   "Mortgage loan" means a loan which is secured by residential real property or a home improvement loan.

    c.   "Applicant" means any person who files with a depository institution a written, or oral in-person, request containing such information as is reasonably required by the depository institution for a mortgage loan as defined in this act.

     L.1977, c. 1, s. 2. Amended by L.1979, c. 148, s. 1, eff. July 16, 1979.

State Codes and Statutes

Statutes > New-jersey > Title-17 > Section-17-16f > 17-16f-2

17:16F-2. Definitions
    As used in this act:

    a.   "Depository institution" means any banking institutions as defined in section 1 of the Banking Act of 1948, P.L.1948, c. 67 (C. 17:9A-1), any association as defined in the Savings and Loan Act (1963), P.L.1963, c. 144 (C. 17:12B-1 et seq.), and any State or Federal credit union but the provisions of section 4 of this act shall not apply to any depository institution which had total assets of $10,000,000.00 or less as of the last day of its last full fiscal year.

    b.   "Mortgage loan" means a loan which is secured by residential real property or a home improvement loan.

    c.   "Applicant" means any person who files with a depository institution a written, or oral in-person, request containing such information as is reasonably required by the depository institution for a mortgage loan as defined in this act.

     L.1977, c. 1, s. 2. Amended by L.1979, c. 148, s. 1, eff. July 16, 1979.

State Codes and Statutes

Back To Homepage

State Codes and Statutes

Statutes > New-jersey > Title-17 > Section-17-16f > 17-16f-2

17:16F-2. Definitions
    As used in this act:

    a.   "Depository institution" means any banking institutions as defined in section 1 of the Banking Act of 1948, P.L.1948, c. 67 (C. 17:9A-1), any association as defined in the Savings and Loan Act (1963), P.L.1963, c. 144 (C. 17:12B-1 et seq.), and any State or Federal credit union but the provisions of section 4 of this act shall not apply to any depository institution which had total assets of $10,000,000.00 or less as of the last day of its last full fiscal year.

    b.   "Mortgage loan" means a loan which is secured by residential real property or a home improvement loan.

    c.   "Applicant" means any person who files with a depository institution a written, or oral in-person, request containing such information as is reasonably required by the depository institution for a mortgage loan as defined in this act.

     L.1977, c. 1, s. 2. Amended by L.1979, c. 148, s. 1, eff. July 16, 1979.