17B:30-9. Stock operations and advisory board contracts
63 words·~1 min read·
/nj/title-17b/chapter-30/17b-30-9A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
No person shall issue or deliver or permit agents, officers, or employees to issue or deliver, agency company stock or other capital stock, or benefit certificates or shares in any common-law corporation, or securities or any special or advisory board contracts or other contracts of any kind promising returns and profits as an inducement to insurance or annuity.
L.1971, c. 144, s. 17B:30-9.