North Dakota § 43-23.1-12 Fraudulent practices

North Dakota Statutes

§ 43-23.1-12 — Fraudulent practices

North Dakota § 43-23.1-12

Title 43Occupations and Professions

Ch. 43-23.1Subdivided Lands Disposition Act

This text of North Dakota § 43-23.1-12 (Fraudulent practices) is published on Counsel Stack Legal Research, covering North Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.D. Cent. Code § 43-23.1-12 (2026).

Text

It is a fraudulent practice, and it is unlawful:

1.For any person knowingly to subscribe to or make or cause to be made any material false statement or representation in any application, financial statement, or other document or statement required to be filed under any provision of this chapter, or to omit to state any material statement or fact in any such document or statement which is necessary in order to make the statements made, in the light of the circumstances under which they are made, not misleading;

2.For any person, in connection with the offer, disposition, or purchase of subdivided lands, directly or indirectly, to employ any device, scheme, or artifice to defraud;

3.For any person, in connection with the offer, disposition, or purchase of subdivided lands, directly or ind

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It is a fraudulent practice, and it is unlawful:
1. For any person knowingly to subscribe to or make or cause to be made any material
false statement or representation in any application, financial statement, or other
document or statement required to be filed under any provision of this chapter, or to
omit to state any material statement or fact in any such document or statement which
is necessary in order to make the statements made, in the light of the circumstances
under which they are made, not misleading;
2. For any person, in connection with the offer, disposition, or purchase of subdivided
lands, directly or indirectly, to employ any device, scheme, or artifice to defraud;
3. For any person, in connection with the offer, disposition, or purchase of subdivided
lands, directly or indirectly, to make any untrue statement of a material fact or to omit
to state a material fact necessary in order to make the statements made, in the light of
the circumstances under which they are made, not misleading; or
4. For any person, in connection with the offer, disposition, or purchase of subdivided
lands, directly or indirectly, to engage in any act, practice, or course of business which
operates or would operate as a fraud or deception upon purchasers or the public.