South Dakota § 47-30-3 Fraudulent prospectus or report--Felony.

South Dakota Statutes

§ 47-30-3 — Fraudulent prospectus or report--Felony.

South Dakota·Title 47 CORPORATIONS·Ch. 47-30 CORPORATE FRAUDS AND MISMANAGEMENT

Any officer of a corporation existing under the laws of this state or transacting business here, or any person holding himself out as such an officer, who, knowingly and with intent to defraud any person or the public generally, subscribes, endorses, verifies, or otherwise assents to the issuing or publishing of any report, prospectus, or statement concerning the condition, business, or prospects of the corporation, calculated to give to the shares of stock of such corporation either a greater or less apparent value than they really possess, is guilty of a Class 6 felony.

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Any officer of a corporation existing under the laws of this state or transacting business here, or any person holding himself out as such an officer, who, knowingly and with intent to defraud any person or the public generally, subscribes, endorses, verifies, or otherwise assents to the issuing or publishing of any report, prospectus, or statement concerning the condition, business, or prospects of the corporation, calculated to give to the shares of stock of such corporation either a greater or less apparent value than they really possess, is guilty of a Class 6 felony.

South Dakota § 47-30-3 (Fraudulent prospectus or report--Felony.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.