{"data":{"id":"us-nj/n.j.-stat.-17-16c-39.1","jurisdiction":"us-nj","citation":"N.J. Stat. § 17:16C-39.1","heading":"Real property mortgage as additional security; prohibition","body":"No retail installment contract, retail charge account or separate instrument  executed in connection therewith shall contain any provision whereby the retail  seller, sales finance company or holder takes a real property mortgage as  additional security in connection with a retail sale. Any such provision shall  be void and unenforceable.\nL.1981, c. 324, s. 2, eff. Dec. 9, 1981.","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":"d344826f103e8f0629f7bf1e5755729e09f0c0ef728f32893c5fb9fd709cba26","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-17-16c-39","next":"us-nj/n.j.-stat.-17-16c-40"},"notice":"GroundRules: Original legal text. Not legal advice."}