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80A.68
Statute ID:
13172
Securities - Unlawful Activities
In Effect
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Text
Details are only available for Penalty and Charging Statutes.
Statute Number:
80A.68
Enactment Date:
May 11, 2006
Effective Date:
Aug 1, 2007
Expiration Date:
Repealed?:
No
Summary Text:
Securities - Unlawful Activities
Statute ID:
13172
Created:
Sep 22, 2009 by mnjis.legal.analyst@state.mn.us
Updated:
Sep 22, 2009 by mnjis.legal.analyst@state.mn.us
Last Update Action:
Added
Legal Analyst Comment:
2006 c 196 art 1 s 35,52
Summary Text:
Securities - Unlawful Activities
Link to MN Statute Text:
https://www.revisor.leg.state.mn.us/stats/80A/68.html
Legislative Session:
2006 - Regular
Session Law Text?:
No
Statute text last updated on:
Sep 22, 2009
It is unlawful for a person, in connection with the offer, sale, or purchase of a security, directly or indirectly: (1) to employ a device, scheme, or artifice to defraud; (2) to make an untrue statement of a material fact or to omit to state a material fact necessary in order to make a statement made, in the light of the circumstances under which it is made, not misleading; or (3) to engage in an act, practice, or course of business that operates or would operate as a fraud or deceit upon another person.
