New Jersey Administrative Code
Title 3 - BANKING
Chapter 7 - SAFE AND SOUND METHODS OF BANKING
Subchapter 2 - INTERNAL OPERATIONS PROCEDURE
Section 3:7-2.3 - Verification of payment of real estate taxes
Universal Citation: NJ Admin Code 3:7-2.3
Current through Register Vol. 56, No. 18, September 16, 2024
All banks, savings banks and State associations shall verify the payment of taxes by mortgage borrowers at least annually on or before January 15 of each year, either by requiring the presentation of receipted tax bills or by examining or having examinations made of the tax records.
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