N.J. Stat. § 17:9A-59.34: Use of proceeds for repayment of other loan
Where this section sits in the code
- TITLE 17 CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE
Nothing in this act shall prevent a bank from making a small business loan, the proceeds of which will be applied in whole or in part to the repayment at or before final maturity of a loan theretofore made under the provisions of this act or otherwise.
L.1964, c. 162, s. 10.
Collected 2026-08-27T17:54:13Z. Source file · JSON