Ind. Code § 23-19-5-1

Current through P.L. 171-2024

Section 23-19-5-1 - Fraudulent or deceitful acts

It is unlawful for a person, in connection with the offer, sale, or purchase of a security, directly or indirectly:

(1) to employ a device, scheme, or artifice to defraud;

(2) to make an untrue statement of a material fact or to omit to state a material fact necessary in order to make the statement made, in the light of the circumstances under which they were made, not misleading; or

(3) to engage in an act, practice, or course of business that operates or would operate as a fraud or deceit upon another person.

IC 23-19-5-1

As added by P.L. 27-2007, SEC.23.