49:3-60 Offer or sale of securities, lawful; conditions.
94 words·~1 min read·
/nj/title-49/chapter-3/49-3-60A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
13. It is unlawful for any security to be offered or sold in this State unless:
(a)The security or transaction is exempt under section 3 of P.L.1967, c.93 (C.49:3-50);
(b)(Deleted by amendment, P.L.1997, c.276.)
(c)(Deleted by amendment, P.L. 1985, c. 405.)
(d)(Deleted by amendment, P.L.1985, c. 405.)
(e)The security is registered under this act; or
(f)It is a federal covered security for which a notice filing and fees have been submitted as required by section 14 of this act (C.49:3-60.1).
L.1967,c.93,s.13; amended 1985, c.405, s.6; 1997, c.276, s.13.