N.J. Admin. Code § 3:12-1.1

Current through Register Vol. 56, No. 21, November 4, 2024
Section 3:12-1.1 - Definitions

The following words and terms, when used in this chapter, shall have the following meanings unless the context clearly indicates otherwise.

"Capital" or "capitalization" means the aggregate of capital stock, surplus, undivided profits and unsecured subordinated capital notes or debentures.

"Commissioner" means the Commissioner of the Department of Banking and Insurance.

"Department" means the Department of Banking and Insurance.

"Fiscal agent" means a domestic corporation, or a foreign corporation authorized to transact business in this State, which transacts business in this State as a fiscal agent for other corporations, as defined in 17:9A-25(13).

"Qualified corporation" means a domestic corporation, or a foreign corporation authorized to transact business in this State, which registers with the Department to act as a registrar, transfer agent and/or fiscal agent.

"Registrar" means a domestic corporation, or a foreign corporation authorized to transact business in this State, which transacts business in this State as a registrar for other corporations, as defined in 17:9A-28(3).

"Transfer agent" means a domestic corporation, or a foreign corporation authorized to transact business in this State, which transacts business in this State as a transfer agent for other corporations, as defined in 17:9A-28(3).

N.J. Admin. Code § 3:12-1.1

Repeal and New Rule, R.1992 d.242, effective 6/15/1992.
See: 24 New Jersey Register 675(b), 24 New Jersey Register 2242(b).
Section was "Registrar".
Amended by R.1997 d.300, effective 7/21/1997.
See: 29 New Jersey Register 1583(a), 29 New Jersey Register 3241(a).
Added "Commissioner" and "Department".