New Jersey § 49:3-73
Full text of New Jersey New Jersey Statutes § 49:3-73, with citation guidance and answers to common questions.
§ 49:3-73.
(a) Every broker-dealer, agent or investment adviser applicant for registration under this act and every issuer who is required to file with the bureau to claim an exemption from registration or
to register a security in this State shall file with the bureau, in such form as the bureau chief by rule prescribes,
an irrevocable consent appointing the bureau chief or his successor in office to be
his attorney to receive service of any lawful process in any noncriminal suit, action
or proceeding against him or his successor, executor or administrator which arises
under this act or any rule or order hereunder after the consent has been filed, with the same force
and validity as if served personally on the person filing the consent. A person who has filed such a consent in connection with a previous registration
need not file another. Service may be made by leaving a copy of the process in the office of the bureau,
but it is not effective unless the plaintiff, who may be the bureau chief, in a suit,
action or proceeding instituted on his behalf by the Attorney General forthwith sends
notice of the service and a copy of the process by certified or registered mail to
the defendant or respondent at his last address on file with the bureau . It is the responsibility of the registrant to maintain its current address on file
with the bureau. If process was served on the last address on file with the bureau and is returned
by the post office unclaimed, refused or not forwarded, that service will constitute
valid service ; (b) If any person, including any nonresident of this State, engages in conduct prohibited
or made actionable by this act or any rule or order authorized by this act , and he has not filed a consent to service of process under subsection (a) of this section and personal jurisdiction over him cannot otherwise be obtained in this State, that
conduct shall be considered equivalent to his appointment of the bureau chief or his
successor in office to be his attorney to receive service of any lawful process in
any noncriminal suit, action or proceeding against him or his successor, executor
or administrator which grows out of that conduct and which is brought under this act or any rule or order hereunder, with the same force and validity as if served on
him personally. Service may be made by leaving a copy of the process in the office of the bureau,
and it is not effective unless the plaintiff, who may be the bureau chief in any action
instituted on his behalf by the Attorney General, forthwith sends notice of the service
and a copy of the process by certified or registered mail to the defendant or respondent
at his last known address.
Frequently Asked Questions About New Jersey § 49:3-73
What does New Jersey Statutes § 49:3-73 cover?
Section 49:3-73 is part of the New Jersey Statutes, the codified statutory law of New Jersey. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Jersey § 49:3-73?
A common citation format is "New Jersey Statutes § 49:3-73" (New Jersey). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Jersey law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.
How does New Jersey § 49:3-73 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Jersey.