A natural person acting on behalf of the general partner of a partnership in connection with the offer or sale of the partnership's securities, which general partner is a corporation, partnership or other entity, shall be deemed to be an individual representing the issuer within the meaning of 49:3-49(b).
N.J. Admin. Code § 13:47A-3.4
See: 27 New Jersey Register 303(a), 27 New Jersey Register 2241(a).