Minn. Stat. § 80A.68

Current through Register Vol. 49, No. 8, August 19, 2024

Section 80A.68 - SECTION 501; GENERAL FRAUD

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 a statement made, in the light of the circumstances under which it is 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.

Minn. Stat. § 80A.68

2006 c 196 art 1 s 28, 52