New Mexico § 58-13C-501 Securities fraud

New Mexico Statutes

§ 58-13C-501 — Securities fraud

New Mexico § 58-13C-501

Ch. 58Financial Institutions and Regulations

Art. 5Fraud and Liabilities

This text of New Mexico § 58-13C-501 (Securities fraud) is published on Counsel Stack Legal Research, covering New Mexico primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.M. Stat. Ann. § 58-13C-501 (2026).

Text

It is unlawful for a person, in connection with the offer, sale or purchase of a security, directly or indirectly: A. to employ a device, scheme or artifice to defraud; B. 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 pursuant to which it is made, not misleading; or C. to engage in an act, practice or course of business that operates or would operate as a fraud or deceit upon another person.

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It is unlawful for a person, in connection with the offer, sale or purchase of a security, directly or indirectly: A. to employ a device, scheme or artifice to defraud; B. 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 pursuant to which it is made, not misleading; or C. to engage in an act, practice or course of business that operates or would operate as a fraud or deceit upon another person.