Ind. Code § 23-2-2.5-27

Current through P.L. 171-2024

Section 23-2-2.5-27 - Fraud or deceit unlawful

It is unlawful for any person in connection with the offer, sale or purchase of any franchise, or in any filing made with the commissioner, directly or indirectly:

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

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

(3) to engage in any act which operates or would operate as a fraud or deceit upon any person.

IC 23-2-2.5-27

Formerly: Acts1975 , P.L. 262, SEC.1.