N.J. Admin. Code § 17:16-42.1
The following words and terms, when used in this subchapter, shall have the following meanings, unless the context clearly indicates otherwise:
"Common stock" means shares of stock, other than preferred stock, representing ownership in a corporation or other form of legal entity.
"Convertible debt issue" means a debt obligation of any corporation or other form of legal entity which is convertible into the common stock of the entity.
"Convertible preferred stock" means preferred stock of any corporation or other form of legal entity which is convertible into the common stock of the entity.
"Equity investments" mean common stock, convertible and non-convertible preferred stock, rights, convertible debt issues, or any other security representing an ownership interest in a corporation, bank, master limited partnership, limited liability company, limited liability partnership, or other form of legal entity. Equity investments may also include investments in exchange-traded funds.
"Exchange-traded funds" mean funds that invest in underlying securities that track a predetermined index or strategy, a commodity, or a basket of assets, and can be traded like shares of common stock.
"Non-convertible preferred stock" means preferred stock of any corporation or other form of legal entity which is not convertible into the common stock of the entity.
"Preferred stock" means shares of stock that provide a specific dividend that is paid before any dividends are paid to holders of common stock and additional rights above and beyond those conferred by common stock.
N.J. Admin. Code § 17:16-42.1
See: 38 N.J.R. 2039(a), 38 N.J.R. 3632(a).
Former N.J.A.C. 17:16-42.1, Permissible investments, recodified to N.J.A.C. 17:16-42.2.
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 "Common stock" for definition "Common stocks" and definition "Preferred stock" for definition "Preferred stocks"; in definitions "Common stock" and "Preferred stock", substituted "means" for "shall mean"; in definition "Common stock", substituted the second occurrence of "stock" for "stocks", and inserted "or other form of legal entity"; in definition "Preferred stock", substituted "that" for "which"; and added definitions "Convertible debt issue", "Convertible preferred stock", "Equity investments", "Exchange-traded funds", and "Non-convertible preferred stock".