New Jersey § 49:5-5 Mailing shareholders;  payment of expenses

New Jersey Statutes

§ 49:5-5 — Mailing shareholders; payment of expenses

New Jersey § 49:5-5

Title 49SALE OF SECURITIES

This text of New Jersey § 49:5-5 (Mailing shareholders; payment of expenses) is published on Counsel Stack Legal Research, covering New Jersey primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.J. Stat. Ann. § 49:5-5 (2026).

Text

To the extent permitted by applicable Federal laws, rules and regulations, all notices of public hearings held pursuant to section 4 of this act shall be mailed by the target company to its shareholders within 5 business days after the target company has received such notification from the bureau chief. The cost of mailing shall be borne by the offeror making the filing. As security for the payment of such expenses, such offeror shall file with the bureau an acceptable bond or other deposit in an amount to be determined by the bureau. L.1977, c. 76, s. 5, eff. April 27, 1977.

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To the extent permitted by applicable Federal laws, rules and regulations, all notices of public hearings held pursuant to section 4 of this act shall be mailed by the target company to its shareholders within 5 business days after the target company has received such notification from the bureau chief. The cost of mailing shall be borne by the offeror making the filing. As security for the payment of such expenses, such offeror shall file with the bureau an acceptable bond or other deposit in an amount to be determined by the bureau. L.1977, c. 76, s. 5, eff. April 27, 1977.