State Codes and Statutes

Statutes > New-jersey > Title-46 > Section-46-10b > 46-10b-7

46:10B-7.  Failure to accept additional payments;  forfeiture of interest
    Any holder of a mortgage loan or agent acting on behalf of such holder who shall wilfully fail or refuse to accept additional payments tendered pursuant to section 3 of this act shall forfeit his right to receive interest on the amount so tendered.

     L.1968, c. 54, s. 7, eff. June 6, 1968.