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New Jersey Statutes, Title: 5, AMUSEMENTS, PUBLIC EXHIBITIONS AND MEETINGS
Section: 5:12-18: "Equity security"
"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..
This section added to the Rutgers Database: 2013-06-10 16:36:30.
Older versions of 5:12-18 (if available):
Court decisions that cite this statute: CLICK HERE.