New Jersey Revised Statutes Title 31 - Interest And Usury

• Section 31:1-1 - Contract Rate; Rate On Mortgages On Dwellings And Other Loans; Computation Of Interest Or Discount; Determination Of Rates
  (a) Except as herein and otherwise provided by law, no person shall, upon contract, take, directly or indirectly for loan of any money, wares,...
• Section 31:1-1.1 - Loans; Rate Of Interest; Regulations; Exceptions
  Notwithstanding any provisions of R.S. 31:1-1 to the contrary, the commissioner may by regulation establish a rate of interest which may be charged by...
• Section 31:1-2 - Persons Offending May Be Examined As Witnesses
  Any person violating section 31:1-1 of this Title may be compelled to answer as a witness in any action he may bring as to...
• Section 31:1-3 - Forfeiture Of All Interest; Deduction From Recovery
  In all actions to enforce any note, bill, bond, mortgage, contract, covenant, conveyance, or assurance, for the payment or delivery of any money, wares,...
• Section 31:1-4 - Borrower May Compel Discovery, And Acceptance Of Principal Alone
  Any borrower of money or other personal property may by action in the Superior Court against the lender, or in any discovery proceeding, compel...
• Section 31:1-5 - Canal And Railroad Securities Sold Under Par
  No bond, mortgage or other security for the payment of money, valid on its face, heretofore or hereafter made or issued by any railroad...
• Section 31:1-6 - Defense Of Usury By Corporation, Limited Liability Company, Limited Liability Partnership; Prohibited.
  31:1-6. No corporation, limited liability company or limited liability partnership shall plead or set up the defense of usury to any action brought against...
• Section 31:1-7 - Interest Rate Limitations Applicable To Counties, Municipalities, Etc.; Suspension
  Notwithstanding the provisions of any other law, statute or regulation applicable to or constituting any limitation on the maximum rate of interest per annum...
• Section 31:1-8 - Liberal Construction
  This act shall be liberally construed to effect its legislative purpose of suspending for the aforesaid period any existing statutory limitation as to rate...
• Section 31:1-9 - Nature And Affect Of Act
  This act shall constitute and be construed as a suspension and as an amendment, for the aforesaid period, of the provisions of every law...

Last modified: October 11, 2016