49:4-1. Security; governing instrument defined
133 words·~1 min read·
/nj/title-49/chapter-4/49-4-1A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
As used in this act:
a. "Security" and "securities" includes
(1)bonds, debentures, notes and all other instruments and writings, however designated, evidencing an obligation to pay money;
(2)interest coupons pertaining to the foregoing;
(3)evidences of stockholder's equities, including but not limited to, stock certificates, rights, and warrants;
(4)every instrument which is subject to the provisions of chapter 8, Investment Securities, of Title 12A of the New Jersey Statutes (The Uniform Commercial Code); and
(5)every other type of instrument, however designated, the destruction of which is required by statute, contract or other writing to be effected after their cancellation;
b. "Governing instrument" includes statutes of this State, ordinances, resolutions, notes, mortgages, debentures, trust indentures and all other writings pursuant to which securities are issued.
L.1972, c. 137, s. 1.