New Jersey § 49:3-51
Full text of New Jersey New Jersey Statutes § 49:3-51, with citation guidance and answers to common questions.
§ 49:3-51.
(a) Sections 5, 8, subsection (a) of section 9 , and sections 13 and 24 of P.L.1967, c. 93 ( C.49:3-52 , 49:3-55 , 49:3-56 , 49:3-60 and 49:3-71 ) apply to persons who sell or offer to sell when (1) an offer to sell is made in this
State, or (2) an offer to buy is made or accepted in this State; (b) Sections 5, 8 and subsection (a) of section 9 of P.L.1967, c. 93 ( C.49:3-52 , 49:3-55 and 49:3-56 ) apply to persons who buy or offer to buy when (1) an offer to buy is made in this
State, or (2) an offer to sell is made or accepted in this State; (c) For the purpose of this section, except to the extent the bureau chief may by rule or order determine, an offer to sell or to buy is made in this State, whether or not either party is
then present in this State, when the offer (1) originates from this State or (2) is
directed by the offeror to this State and received at the place to which it is directed
(or at any post office in this State in the case of a mailed offer); (d) For the purpose of this section, an offer to buy or to sell is accepted in this
State when acceptance (1) is communicated to the offeror in this State and (2) has
not previously been communicated to the offeror, orally or in writing, outside this
State; and acceptance is communicated to the offeror in this State, whether or not
either party is then present in this State, when the offeree directs it to the offeror
in this State reasonably believing the offeror to be in this State and it is received
at the place to which it is directed (or at any post office in this State in the case
of a mailed acceptance); (e) (Deleted by amendment, P.L.1997, c.276 ) (f) Sections 6, 8 and subsection (c) of section 9 of P.L.1967, c. 93 ( C.49:3-53 , 49:3-55 and 49:3-56 ) , so far as investment advisers are concerned, apply when any act instrumental in effecting prohibited conduct is
done in this State, whether or not either party is then present in this State.
Frequently Asked Questions About New Jersey § 49:3-51
What does New Jersey Statutes § 49:3-51 cover?
Section 49:3-51 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 § 49:3-51?
A common citation format is "New Jersey Statutes § 49:3-51" (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 § 49:3-51 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.