South Carolina Statutes

§ 35-1-505 — Misleading filings.

South Carolina·Title 35 SECURITIES·Ch. 1 SOUTH CAROLINA UNIFORM SECURITIES ACT OF 2005
It is unlawful for a person to make or cause to be made, in a record that is used in an action or proceeding or filed under this chapter, a statement that, at the time and in the light of the circumstances under which it is made, is false or misleading in a material respect, or, in connection with the statement, to omit to state a material fact necessary to make the statement made, in the light of the circumstances under which it was made, not false or misleading.

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Legislative History

HISTORY: 2005 Act No. 110, SECTION 1, eff January 1, 2006.

Nearby Sections

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