New Jersey Statutes 17:10B-7. Nonapplicability of act
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Terms Used In New Jersey Statutes 17:10B-7
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- State: extends to and includes any State, territory or possession of the United States, the District of Columbia and the Canal Zone. See New Jersey Statutes 1:1-2
7. The provisions of this act shall not apply to State or federally chartered banks, savings banks, savings and loan associations or credit unions; mortgage solicitors as defined by section 2 of P.L.1996, c.157 (C. 17:11C-2); licensees regulated pursuant to P.L.1996, c.157 (C. 17:11C-1 et al.), P.L.1960, c.40 (C. 17:16C-1 et seq.), P.L.1968, c.223 (C. 17:16C-61.1 et seq.), P.L.1960, c.41 (C. 17:16C-62 et seq.) and P.L.1968, c.224 (C. 17:16C-95 et seq.); attorneys licensed to practice in this State; certified public accountants licensed to practice in this State pursuant to P.L.1977, c.144 (C. 45:2B-1 et seq.); or insurance companies.
L.1992,c.66,s.7; amended 1996, c.157, s.50.