The following words and terms, when used in this subchapter, shall have the following meanings, unless the context clearly indicates otherwise:
"Global debt obligations" mean debt issued by any corporation, bank, trust, master limited partnership, limited liability company, or other form of legal entity.
"Private placement" means a negotiated sale in which the securities are sold directly to institutional or private investors, rather than through a public offering registered with the U.S. Securities and Exchange Commission or applicable foreign regulatory body. Private placement includes the sale of securities pursuant to Section 4(2), Regulation D, Regulation S, or Rule 144A under the Securities Act of 1933, as amended.
N.J. Admin. Code § 17:16-12.1
See: 38 N.J.R. 2039(a), 38 N.J.R. 3632(a).
Former N.J.A.C. 17:16-12.1, Permissible investments, recodified to N.J.A.C. 17:16-12.2.
Amended by R.2008 d.382, effective 12/15/2008.
See: 40 N.J.R. 4683(a), 40 N.J.R. 6993(a).
In definition "Corporate obligations", inserted "or bank"; and added definition "Private placement".
Amended by R.2014 d.038, effective 3/3/2014.
See: 45 N.J.R. 1477(a), 46 N.J.R. 442(a).
Substituted definition "Global debt obligations" for definition "Corporate obligations"; and rewrote definitions "Global debt obligations" and "Private placement".