The commissioner shall proceed to liquidate notes purchased by the authority as rapidly as possible, but shall develop and adopt programs for deferred payments by makers of such notes to avoid undue hardship or sacrifice of business values, without regard to the six-year limitations on maturity elsewhere contained in this act.
N.J. Stat. Ann. § 38:23B-16
Liquidation of notes purchased; deferred payments
Known as the Veterans' Loan Act
The act spans §§ 38:23B-1 to 38:23B-9.1 (36 sections).
L.1944, c. 126, p. 349, s. 16
Current official text: New Jersey Legislature. Digitized from the New Jersey Legislature bulk statutes download. Reproduced from public-domain New Jersey statutes; confirm against the official source for the current text. Not legal advice.