Determination of fair value as prima facie evidence

N.J.S.A. 2A:50-24, under Chapter 50.

N.J.S.A. 2A:50-24

2A:50-24. Determination of fair value as prima facie evidence

In any action specified in section 2A:50-22 of this title wherein the fair value of the mortgaged premises is in issue and such fair value has been determined in any prior action or proceeding, such determination shall be prima facie evidence of such fair value. L.1951 (1st SS), c.344.