{"data":{"id":"us-nj/n.j.-stat.-17-9a-59.8","jurisdiction":"us-nj","citation":"N.J. Stat. § 17:9A-59.8","heading":"Service charges","body":"In addition to the other charges which are authorized to be made by this act, a bank may collect a service charge from each advance loan borrower for each billing cycle in which any part of an advance loan remains unpaid. Such service charge shall not exceed a sum equal to (a) the number of advance loans to such borrower during such billing cycle multiplied by $0.25 or (b) the number of advance loan contracts between the bank and the borrower multiplied by $0.50, whichever is the greater.\nL.1959, c. 91, p. 225, s. 8.  Amended by L.1968, c. 64, s. 8;  L.1981, c. 37,  s. 8, eff. Feb. 12, 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":"8ffd89e956c1aff936511650d412b7f4470c0da4df347fae9215e1565d8ac7e5","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-17-9a-59.7","next":"us-nj/n.j.-stat.-17-9a-59.10"},"notice":"GroundRules: Original legal text. Not legal advice."}