State Codes and Statutes

Statutes > New-jersey > Title-55 > Section-55-17 > 55-17-5

55:17-5.  Nature, identity or status of person with whom lease or financial  agreement may be made
    Limiting and restrictive provisions of any statute otherwise applicable, in  respect to the nature, identity or status of any person with whom a lease or  financial agreement may be lawfully made shall be applied to the project only,  in case of a default or foreclosure, and shall not be applicable to the holder  of the mortgage loan.

     L.1967, c. 304, s. 5, eff. Feb. 15, 1968.
 

State Codes and Statutes

Statutes > New-jersey > Title-55 > Section-55-17 > 55-17-5

55:17-5.  Nature, identity or status of person with whom lease or financial  agreement may be made
    Limiting and restrictive provisions of any statute otherwise applicable, in  respect to the nature, identity or status of any person with whom a lease or  financial agreement may be lawfully made shall be applied to the project only,  in case of a default or foreclosure, and shall not be applicable to the holder  of the mortgage loan.

     L.1967, c. 304, s. 5, eff. Feb. 15, 1968.
 

State Codes and Statutes

State Codes and Statutes

Statutes > New-jersey > Title-55 > Section-55-17 > 55-17-5

55:17-5.  Nature, identity or status of person with whom lease or financial  agreement may be made
    Limiting and restrictive provisions of any statute otherwise applicable, in  respect to the nature, identity or status of any person with whom a lease or  financial agreement may be lawfully made shall be applied to the project only,  in case of a default or foreclosure, and shall not be applicable to the holder  of the mortgage loan.

     L.1967, c. 304, s. 5, eff. Feb. 15, 1968.