Iowa § 502.501 General fraud

Iowa Statutes

§ 502.501 — General fraud

Iowa § 502.501

Title XIIBUSINESS ENTITIES

Ch. 502UNIFORM SECURITIES ACT (BLUE SKY LAW)

This text of Iowa § 502.501 (General fraud) is published on Counsel Stack Legal Research, covering Iowa primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Iowa Code § 502.501 (2026).

Text

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 statements made, in light of the circumstances under which they were made, not misleading; or 43 UNIFORM SECURITIES ACT (BLUE SKY LAW), §502.504

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

Free access — add to your briefcase to read the full text and ask questions with AI

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 statements made, in light of the circumstances under which
they were made, not misleading; or
43 UNIFORM SECURITIES ACT (BLUE SKY LAW), §502.504
3. To engage in an act, practice, or course of business that operates or would operate as
a fraud or deceit upon another person.