{"data":{"id":"us-nj/n.j.-stat.-17-52-20","jurisdiction":"us-nj","citation":"N.J. Stat. § 17:52-20","heading":"Limitations on indebtedness","body":"No business development corporation shall voluntarily incur any liability or  indebtedness at any time when the incurring of any such liability or indebtedness will exceed 10 times its paid-in capital stock, or $10,000,000.00,  whichever is the greater.\nL.1957, c. 218, p. 761, s. 20.","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":"bce689f895a5c6ec15c7283329a65a2a5f2aac13082d8ea591b7456b56824ef5","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-17-52-19","next":"us-nj/n.j.-stat.-17-52-21"},"notice":"GroundRules: Original legal text. Not legal advice."}