Ind. Code § 23-2-2.5-6

Current through P.L. 171-2024

Section 23-2-2.5-6 - Denial or revocation of exemptions; grounds

The commissioner may, without a hearing, issue a stop order denying or revoking any exemption specified in sections 3, 4, or 5 with respect to an offer or sale if he finds that it is in the public interest and either:

(a) that there has been a failure to comply with any of the provisions of this chapter; or

(b) that the offer or sale would constitute misrepresentation to, or deceit or fraud on, the purchaser or offeree.

IC 23-2-2.5-6

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