Idaho § 30-14-501 GENERAL FRAUD

Idaho Statutes

§ 30-14-501 — GENERAL FRAUD

Idaho § 30-14-501

Title 30CORPORATIONS

Part 5.FRAUD AND LIABILITIES

Ch. 14UNIFORM SECURITIES ACT (2004)

This text of Idaho § 30-14-501 (GENERAL FRAUD) is published on Counsel Stack Legal Research, covering Idaho primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Idaho Code § 30-14-501 (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;

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

(4)To divert investor money to the personal use of the issuer, offeror or seller, or to pay prior investors without specifically disclosing that use before receiving the investor’s money.

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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;
(3) To engage in an act, practice, or course of business that operates or would operate as a fraud or deceit upon another person; or
(4) To divert investor money to the personal use of the issuer, offeror or seller, or to pay prior investors without specifically disclosing that use before receiving the investor’s money.