South Dakota Statutes
§ 37-25A-43 — Fraud, deceit, and misleading statements and omissions prohibited in connection with offer or sale.
No person, in connection with the offer or sale of any business opportunity in this state, may:
(1)Employ any device, scheme, or artifice to defraud;
(2)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 (3) Engage in any act, practice, or course of business which operates or would operate as a fraud or deceit upon any person.
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South Dakota § 37-25A-43 (Fraud, deceit, and misleading statements and omissions prohibited in connection with offer or sale.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
SL 1985, ch 305, § 43.
Nearby Sections
15
§ 37-1-11.1
Demand by attorney general to produce evidence relating to violations--Service--Contents.§ 37-1-11.2
Petition for enforcement of attorney general's demand--Court order--Protective provisions.§ 37-1-11.4
Self§ 37-1-14.1
Venue of actions for violation.§ 37-1-14.4
Limitation of actions for violations.§ 37-1-15
Repealed§ 37-1-17
Repealed§ 37-1-19
Repealed