N.J.S. § 2A:50-11 Penal Sum of Bond May Be Expressed In Sum of Debt; Recovery For True Amount

LibraryNew Jersey Permanent Statutes
Edition2023
CurrencyCurrent through L. 2023, c. 130.
Year2023
CitationN.J.S. § 2A:50-11

Whenever a bond secured by a mortgage shall be given for the same debt, the penal sum of the bond may be expressed in the sum of the debt instead of in a sum double the amount of the debt. In any action upon such bond, recovery may be had for the true amount due including the debt, interest, charges, advances, costs, and any oth...

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