49:3-60 Offer or sale of securities, lawful; conditions. 13. It is unlawful for any security to be offered or sold in this State unless: (a) The security or transaction is exempt under section 3 of P.L.1967, c.93 (C.49:3-50); (b) (Deleted by amendment, P.L.1997, c.276.) (c) (Deleted by amendment, P.L. 1985, c. 405.) (d) (Deleted by amendment, P.L.1985, c. 405.) (e) The security is registered under this act; or (f) It is a federal covered security for which a notice filing and fees have been submitted as required by section 14 of this act (C.49:3-60.1). L.1967,c.93,s.13; amended 1985, c.405, s.6; 1997, c.276, s.13.
New Jersey Legal Code