New Jersey § 5:12-18 "Equity security"

New Jersey Statutes

§ 5:12-18 — "Equity security"

New Jersey·Title 5 AMUSEMENTS, PUBLIC EXHIBITIONS AND MEETINGS

"Equity security" --

(a)Any voting stock of a corporation, or similar security;

(b)any security which has been converted, with or without consideration, into such a security, or carrying any warrant or right to subscribe to or purchase such a security which warrant or right has been exercised; or ;

(c)any security having a direct or indirect participation in the profits of the issuer. The holder of a security described in subsection (b) of this section shall not be required to qualify as a holder of an equity security prior to any such conversion or exercise of any such warrant of rights. L.1977, c. 110, s. 18, eff. June 2, 1977; amended 2011, c.19, s.132..

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"Equity security" --(a) Any voting stock of a corporation, or similar security; (b) any security which has been converted, with or without consideration, into such a security, or carrying any warrant or right to subscribe to or purchase such a security which warrant or right has been exercised; or ; (c) any security having a direct or indirect participation in the profits of the issuer. The holder of a security described in subsection (b) of this section shall not be required to qualify as a holder of an equity security prior to any such conversion or exercise of any such warrant of rights. L.1977, c. 110, s. 18, eff. June 2, 1977; amended 2011, c.19, s.132..

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