N.J. Admin. Code § 13:47A-12.1

Current through Register Vol. 56, No. 24, December 18, 2024

Section 13:47A-12.1 - Exemptions for securities transactions and securities offerings

(a) For purposes of the Report Form required to be filed with the Bureau under N.J.S.A. 49:3-50(b)(12) or 49:3-60(f), the issuer shall include only the names and addresses of New Jersey resident purchasers of the offering, along with the number and amount of the securities each purchased.

(b) Non-New Jersey resident purchasers will not be counted when determining whether there are 35 non-accredited purchasers of the offering for the N.J.S.A. 49:3-50(b)(12) or 49:3-60(f) exemption.

(c) Non-New Jersey resident purchasers will not be counted when determining whether there are 10 purchasers in an exempt offering under N.J.S.A. 49:3-50(b)(9).

N.J. Admin. Code § 13:47A-12.1

Amended by R.2008 d.301, effective 10/6/2008.
See: 40 N.J.R. 2061(a), 40 N.J.R. 5820(a).
In (a), substituted "the Bureau" for "Bureau of Securities" and "(f)" for "(b)"; in (b), inserted "or 49:3-60(f)"; and in (c), substituted "purchasers" for "offerees" twice.