{"data":{"id":"us-nj/n.j.-stat.-12a-8-201","jurisdiction":"us-nj","citation":"N.J. Stat. § 12A:8-201","heading":"Issuer.","body":"a.  With respect to an obligation on or a defense to a security, an \"issuer\" includes a person that:\n(1) places or authorizes the placing of its name on a security certificate, other than as authenticating trustee, registrar, transfer agent, or the like, to evidence a share, participation, or other interest in its property or in an enterprise, or to evidence its duty to perform an obligation represented by the certificate;\n(2) creates a share, participation, or other interest in its property or in an enterprise, or undertakes an obligation, that is an uncertificated security;\n(3) directly or indirectly creates a fractional interest in its rights or property, if the fractional interest is represented by a security certificate; or\n(4) becomes responsible for, or in place of, another person described as an issuer in this section.\nb.  With respect to an obligation on or defense to a security, a guarantor is an issuer to the extent of its guaranty, whether or not its obligation is noted on a security certificate.\nc.  With respect to a registration of a transfer, issuer means a person on whose behalf transfer books are maintained.\nL.1997,c.252,s.1.","path":["TITLE 12A COMMERCIAL TRANSACTIONS"],"source_url":"https://pub.njleg.state.nj.us/statutes/STATUTES-TEXT.zip","current_through":"P.L.2025, c.405, and J.R.22","vintage":"","retrieved_at":"2026-08-27T17:54:13Z","sha256":"4b465df5560c42afda43b8298006ca20c01426100022950f928bdc2d0de75702","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-12a-8-116","next":"us-nj/n.j.-stat.-12a-8-202"},"notice":"GroundRules: Original legal text. Not legal advice."}