New Jersey § 17:3b-34

§ 17:3b-34.

In addition to or in lieu of interest at a periodic rate or rates as provided pursuant

to sections 4 and 5 of this act, 1 a bank may, if the agreement governing the revolving credit plan so provides, charge

and collect as interest, in the manner or form as the plan may provide, one or more

of the following: a. A daily, weekly, monthly, annual or other periodic charge in the amount or amounts

as the agreement may provide for the privileges made available to the borrower under

the plan. b. A transaction charge or charges in the amount or amounts as the agreement may provide

for each separate purchase or loan under the act. c. A minimum charge for each daily, weekly, monthly, annual or other scheduled billing

period under the plan during any portion of which there is an outstanding unpaid indebtedness

under the plan. d. Reasonable fees for services rendered or for reimbursement of expenses incurred

in good faith by the bank or its agents in connection with the plan, or other reasonable

fees incident to the application for and the opening, administration, and termination

of a plan, including, without limitation, commitment, application and processing fees,

official fees and taxes, costs incurred by reason of examination of title, inspection,

appraisal, recording, mortgage satisfaction or other formal acts necessary or appropriate

to the security for the plan, and filing fees. e. Returned payment charges. f. Documentary evidence charges. g. Stop payment fees. h. Over limit charges. i. Automated teller machine charges or similar electronic or interchange fees or charges. j. Any other fee expressly disclosed to the borrower prior to the imposition of the

fee. 1

N.J.S.A. §§ 17:3B-32 and 17:3B-33.