New Jersey Statutes 49:3-82. Criteria for disqualifying issuers from claiming exemption
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Terms Used In New Jersey Statutes 49:3-82
- Conviction: A judgement of guilt against a criminal defendant.
6. The bureau shall establish by regulation criteria for disqualifying issuers of securities from claiming the exemption from registration pursuant to paragraph (14) of subsection (b) of section 3 of P.L.1967, c.93 (C. 49:3-50). The criteria shall include, but not be limited to, the following disqualifying events:
a. Criminal convictions in connection with the purchase or sale of a security, or involving the making of a false filing related to the offer or sale of a security;
b. Injunctions and court orders against engaging in or continuing conduct or practices in connection with the purchase or sale of securities or involving the making of a false filing related to the offer or sale of a security or any criminal conviction as described in subsection (k) of section 9 of P.L.1967, c.93 (C. 49:3-56);
c. United States Postal Service false representation orders; and
d. The issuer is subject to a bureau stop order.
L.2015, c.128, s.6.