Md. Code Regs. 31.04.07.10

Current through Register Vol. 51, No. 22, November 1, 2024

Section 31.04.07.10 - False or Misleading Statements

A proxy statement, form of proxy, notice of meeting, information statement, or other communication, written or oral, subject to this regulation may not contain any statement which, at the time and in the light of the circumstances under which it is made:

A. Is false or misleading with respect to any material fact; or

B. Omits to state any material fact necessary:

(1) In order to make the statements not false or misleading; or

(2) To correct any statement in any earlier communication with respect to the same meeting or subject matter which has become false or misleading.

Md. Code Regs. 31.04.07.10

Regulations .10 adopted effective February 12, 2007 (34:3 Md. R. 303)