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New Jersey Statutes, Title: 49, SALE OF SECURITIES
Chapter 5:
Section: 49:5-6: Time for filing
a. Copies of all advertisements, circulars, letters or other materials published by the offeror or the target company, soliciting or requesting the acceptance or rejection of the takeover offer, with the exception of the initial press release by the offeror to the wire services announcing the intention to make a takeover offer, shall be filed with the bureau chief and sent to the target company or offeror, respectively, not later than the time copies of such solicitation or recommendation are first published or sent or given to offerees.
b. The materials described in subsection a. of this section shall not contain any untrue statement of a material fact or omit to state a material fact necessary in order to make the statements made, in the light of the circumstances under which they were made, not misleading. The bureau chief may by order prohibit the use of any materials deemed false or misleading.
L.1977, c. 76, s. 6, eff. April 27, 1977.
This section added to the Rutgers Database: 2012-09-26 13:37:55.
Older versions of 49:5-6 (if available):
Court decisions that cite this statute:
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