{"data":{"id":"us-nj/n.j.-stat.-17-10b-2","jurisdiction":"us-nj","citation":"N.J. Stat. § 17:10B-2","heading":"Prohibitions relative to loan brokers","body":"2.   No loan broker shall:\na.   Assess, collect or hold an advance fee, directly or indirectly, from or on behalf of a borrower to provide services as a loan broker;\nb.   Make or use any false or misleading representations or omit any material fact in the offer or sale of the services of a loan broker or lender, whether real or purported;\nc.   Engage, directly or indirectly, in any act that operates or would operate as fraud or deception upon any person in connection with the offer or sale of the services of a loan broker or lender, whether real or purported, notwithstanding the absence of reliance by the borrower; or\nd.   Make any false or deceptive representation to the department or conceal a material fact from the department.\nL.1992,c.66,s.2.","path":["TITLE 17 CORPORATIONS AND INSTITUTIONS FOR FINANCE \t\t\tAND INSURANCE"],"source_url":"https://pub.njleg.state.nj.us/statutes/STATUTES-TEXT.zip","current_through":"P.L.2025, c.405, and J.R.22","vintage":"","retrieved_at":"2026-08-27T17:54:13Z","sha256":"00c47d9f8ac2ce3bf8986b4ca108a6ea8c286c5fc682deb8fc18f079237ebb58","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-17-10b-1","next":"us-nj/n.j.-stat.-17-10b-3"},"notice":"GroundRules: Original legal text. Not legal advice."}