New Jersey Revised Statutes § 46:10b-44 - Creditor's Failure To Fulfill Obligation.

46:10B-44 Creditor's failure to fulfill obligation.

9.Failure of a creditor to fulfill any obligation under this act shall not be considered to be the exercise of a power, right, benefit, or privilege under the parity provisions of P.L.1981, c.163 (C.17:9A-24b1), section 48 of P.L.1963, c.144 (C.17:12B-48), or section 12 of P.L.1984, c.171 (C.17:13-90), and it shall not be a defense to a violation of this act that the failure to fulfill any provision of the act is an exercise of such a power, right, benefit, or privilege.

L.2008, c.86, s.9.

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Last modified: October 11, 2016