§ 11-301. Sales and purchases | Statutes | Westlaw

§ 11-301. Sales and purchases | Statutes | Westlaw

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§ 11-301. Sales and purchases

MD CORP & ASSNS § 11-301West's Annotated Code of MarylandCorporations and Associations (Approx. 2 pages)

§ 11-301. Sales and purchases

MD CORP & ASSNS § 11-301West's Annotated Code of MarylandCorporations and Associations (Approx. 2 pages)

West's Annotated Code of Maryland
Corporations and Associations
Title 11. Maryland Securities Act (Refs & Annos)
Subtitle 3. Fraudulent and Other Prohibited Practices (Refs & Annos)
MD Code, Corporations and Associations, § 11-301
§ 11-301. Sales and purchases
It is unlawful for any person, in connection with the offer, sale, or purchase of any security, directly or indirectly to:
(1) Employ any device, scheme, or artifice to defraud;
(2) Make any untrue statement of a material fact or 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 on any person.

Credits

Added by Acts 1975, c. 311, § 2, eff. July 1, 1975.
Formerly Art. 32A, § 13.
MD Code, Corporations and Associations, § 11-301, MD CORP & ASSNS § 11-301
Current through legislation effective through May 9, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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