New Jersey § 46:8d-14
Full text of New Jersey New Jersey Statutes § 46:8d-14, with citation guidance and answers to common questions.
§ 46:8d-14.
a. The lender of funds secured by a promissory note and pledge of the stock and proprietary
lease of a cooperative unit shall record its lien by the method of recordation provided
in the applicable statutes. If the secured transactions laws of N.J.S.12A:9-301 12A:9-317 et seq. apply, the lender shall record its financing statement or security agreement in the
office of the Secretary of State and the county recording office of the county in
which any portion of the lands in which the cooperative unit is located. b. In addition to the recording required pursuant to subsection a. of this section,
the cooperative unit lender shall not have a perfected lien unless it records its
lien in the master register for the cooperative in the county recording office of
the county in which the cooperative unit is located. The lender shall pay to the county recording officer a fee of $1.00 per page for
recording of its lien in the master register which shall be in addition to the recording
fees applicable to regular recording of the documents.
Frequently Asked Questions About New Jersey § 46:8d-14
What does New Jersey Statutes § 46:8d-14 cover?
Section 46:8d-14 is part of the New Jersey Statutes, the codified statutory law of New Jersey. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Jersey § 46:8d-14?
A common citation format is "New Jersey Statutes § 46:8d-14" (New Jersey). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Jersey law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.
How does New Jersey § 46:8d-14 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Jersey.