§ 23-2-6-24 — Fraud

Indiana § 23-2-6-24

• Jurisdiction: Indiana
• Title 23: BUSINESS AND OTHER ASSOCIATIONS
• Art. 2: SECURITIES AND FRANCHISES
• Ch. 6: Indiana Commodity Code

Text

A person may not directly or indirectly:
(1) cheat or defraud or attempt to cheat or defraud any person;
(2) employ any device, scheme, or artifice to defraud any person;
(3) make a false report, enter a false record, or make an untrue
statement of a material fact;
(4) fail to state a material fact that is necessary to make a report,
record, or statement made, under the circumstances in which the
report, record, or statement was made, not misleading;
(5) engage in a transaction, act, practice, or course of business,
including any form of advertising or solicitation, that operates or
would operate as a fraud or deceit upon any person; or
(6) misappropriate or convert the funds, security, or property of
any person;
in connection with the purchase or sale of, the offer to sell, the offer to
purchase, the offer to enter into, or the entry into of, any commodity
contract or commodity option subject to section 18, 19(a)(2), or
19(a)(4) of this chapter.

Legislative History

As added by P.L.177-1991, SEC.10.