S.D. Codified Laws § 37-26-2

Current through the 2024 Legislative Session
Section 37-26-2 - Fraudulent offer or sale of membership as felony

Any person who employs, directly or indirectly, any device, scheme, or artifice to defraud in connection with the offer or sale of any membership or engages, directly or indirectly, in any act, practice, or course of business which operates or would operate as a fraud or deceit upon any person in connection with the offer, purchase, or sale of any membership is guilty of a Class 5 felony.

SDCL 37-26-2

SL 1975, ch 246, § 14; SL 1977, ch 190, § 297.