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§ 46-10b-43 — New Jersey Law | CourtGPT
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New Jersey Legal Code

§ 46-10b-43

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46:10B-43 Violations, penalties. 8. a. Any person who willfully violates any provision of this act shall be liable to a penalty of not more than $10,000 for the first offense, and not more than $20,000 for the second and subsequent offense, which penalty may be collected in a summary proceeding pursuant to the 'Penalty Enforcement Law of 1999,' P.L.1999, c.274 (C.2A:58-10 et seq.), except that immaterial errors in a notice required to be provided by a creditor pursuant to this act, shall not constitute a violation of this act. b. If a creditor violates any provision of this act, an eligible borrower, an eligible foreclosed borrower, or the Attorney General may bring an action to enforce compliance by a summary proceeding pursuant to the 'Penalty Enforcement Law of 1999,' P.L.1999, c.274 (C.2A:58-10 et seq.). L.2008, c.86, s.8.