New Jersey Revised Statutes
Title 31 - Interest and Usury
Section 31:1-9 - Nature and affect of act

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 or statute establishing any limitation as to rate of interest per annum or cost of borrowing money applicable to any county, municipality, school district, body corporate and politic, district or public authority, agency, commission or other public institution heretofore or hereafter created as aforesaid.
L.1969, c. 137, s. 3, eff. July 3, 1970. Amended by L.1970, c. 49, s. 4, eff. May 8, 1970.

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Structure New Jersey Revised Statutes

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

Section 31:1-1.1 - Loans; rate of interest; regulations; exceptions

Section 31:1-2 - Persons offending may be examined as witnesses

Section 31:1-3 - Forfeiture of all interest; deduction from recovery

Section 31:1-4 - Borrower may compel discovery, and acceptance of principal alone

Section 31:1-5 - Canal and railroad securities sold under par

Section 31:1-6 - Defense of usury by corporation, limited liability company, limited liability partnership; prohibited.

Section 31:1-7 - Interest rate limitations applicable to counties, municipalities, etc.; suspension

Section 31:1-8 - Liberal construction

Section 31:1-9 - Nature and affect of act