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N.J. Stat. Ann. § 46:10B-20

Exemption of income from New Jersey Gross Income Tax Act

L.1979, c. 140, s. 5, eff

Income derived by mortgagors from mortgages authorized pursuant to this act shall not be considered income for purpose of the "New Jersey Gross Income Tax Act" .

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.