New Jersey Statutes Title 12A. Commercial Transactions 12A § 9-628

 (a) Limitation of liability of secured party for noncompliance with chapter.  Unless a secured party knows that a person is a debtor or obligor, knows the identity of the person, and knows how to communicate with the person:

 (b) Limitation of liability based on status as secured party.  A secured party is not liable because of its status as secured party:

 (c) Limitation of liability if reasonable belief that transaction not a consumer-goods transaction or consumer transaction.  A secured party is not liable to any person, and a person's liability for a deficiency is not affected, because of any act or omission arising out of the secured party's reasonable belief that a transaction is not a consumer-goods transaction or a consumer transaction or that goods are not consumer goods, if the secured party's belief is based on its reasonable reliance on:

 (d) Limitation of liability for statutory damages.  A secured party is not liable to any person under 12A:9-625 (c) (2) for its failure to comply with 12A:9-616.

 (e) Limitation of multiple liability for statutory damages.  A secured party is not liable under 12A:9-625 (c) (2) more than once with respect to any one secured obligation.