Security; prohibition; endorsers or guarantors

N.J. Stat. § 17:9A-53.7
in effect
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No security shall be taken for an educational loan, but this prohibition shall not preclude a banking institution from requiring one or more endorsers or guarantors of such loan. L.1975, c. 287, s. 6, eff. Jan. 12, 1976.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.njleg.state.nj.us/legislative-activity/statutesFetched: 10/17/2026

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