{"data":{"id":"us-nj/n.j.-stat.-17-12b-235","jurisdiction":"us-nj","citation":"N.J. Stat. § 17:12B-235","heading":"Application of participation value to indebtedness","body":"The participation value, at the date of dissolution of an association, of any account in such association which is pledged as security for the payment of  any indebtedness to such association, shall be applied to the payment of such  indebtedness.\nL.1963, c. 144, s. 235.","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":"90c6318e9646344bd0aeeeba3e91665822b0612891d38a76a8b2d2ad277e844f","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-17-12b-234","next":"us-nj/n.j.-stat.-17-12b-236"},"notice":"GroundRules: Original legal text. Not legal advice."}