New Jersey Statutes 5:12-44. “Security.”
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Terms Used In New Jersey Statutes 5:12-44
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
44. “Security” –Any instrument evidencing a direct or indirect beneficial ownership or creditor interest in a corporation or other form of business organization, including but not limited to, stock, common and preferred; bonds; mortgages; debentures; security agreements; notes; warrants; options and rights.
L.1977,c.110,s.44; amended 2002, c.65, s.8.