Omission of monthly installments

N.J. Stat. § 17:3B-37
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
9. A bank may at any time and from time to time unilaterally extend to a borrower under a revolving credit plan the option of omitting one or more monthly installments. L.1996,c.137,s.9.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.njleg.state.nj.us/legislative-activity/statutesFetched: 10/17/2026

Starting a business in New Jersey? New Jersey LLC guide: costs and requirements