Pursuant to the last paragraph of 49:3-49(p), in addition to the persons described in 49:3-49(p)(1) through (7), any person who is an "accredited investor" within the meaning of Securities Act of 1933, section 2(15) and SEC Rules 215 and 501, thereunder ( 15 U.S.C. § 77b(15) and 17 CFR 230.215 and 230.501 ), promulgated by the Securities and Exchange Commission, or as thereafter amended or superseded, shall be deemed an "accredited investor" within the meaning of 49:3-49(p).
N.J. Admin. Code § 13:47A-12.3
See: 40 N.J.R. 2061(a), 40 N.J.R. 5820(a).
Inserted ", thereunder (15 U.S.C. §77b(15) and 17 CFR 230.215 and 230.501)" and deleted "effective as of (the effective date of this rule)" following "Commission,".