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23-42-507. Fraud or deceit in connection with offer, sale, or purchase of securities.
Arkansas Code — all titles (historical 2020) · legal_authorities
23-42-507. Fraud or deceit in connection with offer, sale, or purchase of securities.
It is unlawful for any person, in connection with the offer, sale, or purchase of any security, directly or indirectly:
(1) To employ any device, scheme, or artifice to defraud;
(2) 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
(3) To engage in any act, practice, or course of business which operates or would operate as a fraud or deceit upon any person.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 23-42-507
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. A text match is a research starting point; applicability is not established.
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Record provenance
Stable record: arkansas_code:legal_authorities:23-42-507
Source file: gov.ar.code.title.23.odt
Pages: Not recorded – Not recorded
Passage SHA-256: d47c6cb7b3f997e2e3d7f1dc9b139afc5aa2ce24d0ce9ccef631c0464a4153d1
Source location: content.xml paragraph 21386
Stored source content
23-42-507. Fraud or deceit in connection with offer, sale, or purchase of securities.
It is unlawful for any person, in connection with the offer, sale, or purchase of any security, directly or indirectly:
(1) To employ any device, scheme, or artifice to defraud;
(2) 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
(3) To 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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