Indiana § 23-19-5-1 Fraudulent or deceitful acts

Indiana Statutes

§ 23-19-5-1 — Fraudulent or deceitful acts

Indiana·Title 23 BUSINESS AND OTHER ASSOCIATIONS·Art. 19 INDIANA UNIFORM SECURITIES ACT·Ch. 5 Fraud and Liabilities

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 statement made, in the light of the circumstances under which they were 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.

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 statement
made, in the light of the circumstances under which they were
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.

Indiana § 23-19-5-1 (Fraudulent or deceitful acts) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.