N.J. Admin. Code § 13:47A-7.1

Current through Register Vol. 56, No. 21, November 4, 2024

Section 13:47A-7.1 - Consent to service of process

(a) The irrevocable consent appointing the Bureau Chief or his or her successor in office as attorney to receive service of any lawful process in any noncriminal suit, action, or proceeding against him or her shall be filed concurrently with the application directly with the Bureau Chief, except as provided below:

1. For agent applications for registration in New Jersey, a fully executed Form U2 Uniform Consent to Service of Process or a fully executed Individual/Applicant's Acknowledgement and Consent section of Form U4, Uniform Application for Securities Industry Registration or Transfer, for direct registration or via the CRD;

2. For broker-dealer applications for registration in New Jersey filed directly with the Bureau or via the CRD a fully executed Execution Page of the Form BD, Uniform Application for Broker-Dealer Applications, or a successor form as prescribed by the CRD may be filed with the CRD to fulfill the requirement of (a) above for the broker-dealer;

3. For investment adviser applications for registration in New Jersey, a fully executed Domestic Investment Adviser Execution Page of the Form ADV, Uniform Application for Investment Adviser Registration, or a successor form as prescribed by the Bureau may be filed with the Bureau to fulfill the requirement of (a) above for the investment adviser;

4. For investment adviser representatives, a fully executed Individual/Applicant's Acknowledgement and Consent section of Form U4, Uniform Application for Securities Industry Registration or Transfer, for direct registration or via the CRD;

5. For mutual funds and unit investment trusts, see N.J.A.C. 13:47A-7.9;

6. For private placements, see N.J.A.C. 13:47A-7.10;

7. For an issuer offering a security pursuant to N.J.S.A. 49:3-50(b)(14), the New Jersey Intrastate Offering (Crowdfunding) Exemption Form; and

8. For an Internet site operator, the Internet Site Operator Registration Form.

N.J. Admin. Code § 13:47A-7.1

Amended by R.1992 d.435, effective 11/2/1992.
See: 24 N.J.R. 2524(a), 24 N.J.R. 4060(a).
Revised (a); added new (b)-(c).
Amended by R.1997 d.451, effective 10/20/1997.
See: 29 N.J.R. 3119(a), 29 N.J.R. 4463(a).
Inserted (a)1; recodified existing (b) as (a)1ii; added (a)1iii; and deleted existing (c).
Amended by R.2003 d.154, effective 4/7/2003.
See: 34 N.J.R. 3691(a), 35 N.J.R. 1563(b).
In (a)1, rewrote i and added iv.
Amended by R.2008 d.301, effective 10/6/2008.
See: 40 N.J.R. 2061(a), 40 N.J.R. 5820(a).
In the introductory paragraph of (a), deleted "by (a)1ii" preceding "below"; in the introductory paragraph of (a)1 and in (a)1iii, deleted "of Securities" following "Bureau"; in (a)1i and (a)1iv, substituted "U4" for "U-4" and inserted ", for direct registration or via the CRD"; in (a)1ii, inserted "directly with the Bureau or" and inserted commas following "BD" and "Applications"; in (a)1iii and (a)1iv, substituted "adviser" for "advisor" throughout; and in (a)1iii, inserted a comma following "ADV", substituted "Adviser" for "Advisor".
Amended by R.2015 d.130, effective 8/17/2015.
See: 47 N.J.R. 692(a), 47 N.J.R. 2155(a).
Rewrote the section.
Special amendment, R.2016 d.109, effective 8/12/2016 (to expire August 11, 2017).
See: 48 N.J.R. 1964(a).
In (a)5, deleted "and" from the end; in (a)6, substituted a semicolon for a period; and added (a)7 and (a)8.
The provisions of R.2016 d.109 were readopted without change by R.2017 d.145, effective 6/23/2017.
See: 49 N.J.R. 2538(b).