North Carolina Statutes
§ 78C-10 — Unlawful representations concerning registration or exemption
(a)Neither (i) the fact that an application for registration under Article 3 of this Chapter has been filed nor (ii) the fact that a person is effectively registered constitutes a finding by the Administrator that any document filed under this Chapter is true, complete, and not misleading. Neither any such fact nor the fact that an exemption or exception is available means that the Administrator has passed in any way upon the merits or qualifications of, or recommended, or given approval to any person.
(b)It is unlawful to make, or cause to be made, to any prospective customer, or client, any representation inconsistent with subsection (a) of this section. (1987 (Reg. Sess., 1988), c. 1098, s. 1.)
§§ 78C-11 through 78C-15: Reserved for future codification purposes.
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Legislative History
(1987 (Reg. Sess., 1988), c. 1098, s. 1.)
Nearby Sections
15
§ 78C-1
Title§ 78C-100
Civil remedies§ 78C-101
Administrative penalty§ 78C-104
Severability§ 78C-105
Rules§ 78C-18
Post-registration provisions§ 78C-2
Definitions§ 78C-20
Methods of registration§ 78C-26
Administration of Chapter