17:16C-54 - Unauthorized costs and charges - New Jersey Statutes

17:16C-54.  Unauthorized costs and charges
    Whenever, in any retail installment contract or retail charge account under  this act, the retail seller, sales finance company or holder has knowingly  charged, contracted for or received from the retail buyer any costs or charges  not authorized by this act, all costs and charges in connection with such  contract or account, other than for insurance authorized by this act, shall be  void and unenforceable, and any such costs or charges other than for insurance  authorized by this act shall be applied to the unpaid balance or, if the  account has been fully paid, remitted to the retail buyer, and the retail buyer  shall be entitled to recover all such costs or charges.

     L.1960, c. 40, p. 162, s. 54.  Amended by L.1971, c. 409, s. 15.