Montana Statutes

§ 30-10-909 — Fraudulent And Other Prohibited Practices

Montana·Title 30 TRADE AND COMMERCE·Ch. 10 SECURITIES REGULATION·Part 9 Montana Living Trust Act

30-10-909 . Fraudulent and other prohibited practices. It is unlawful for a person, in connection with the offer or sale of any living trust, directly or indirectly, in, into, or from this state, to:

(1)employ any device, scheme, or artifice to defraud;
(2)make any untrue statement of a material fact;
(3)fail to state a material fact necessary to render any statement made not misleading; or
(4)engage in any other act, practice, or course of business that operates or would operate as a fraud or deceit upon any person.

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Legislative History

En. Sec. 9, Ch. 348, L. 1997; amd. Sec. 1, Ch. 513, L. 2005.

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