49:3-60 Offer or sale of securities, lawful; conditions.
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.
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Last modified: October 11, 2016