§16505. Misleading filings
It is unlawful for a person to make or cause to be made in a record that is used in an action or proceeding or filed under this chapter a statement that, at the time and in the light of the circumstances under which it is made, is false or misleading in a material respect or, in connection with the statement, to omit to state a material fact necessary to make the statement made, in the light of the circumstances under which it was made, not false or misleading. [PL 2005, c. 65, Pt. A, §2 (NEW).]
SECTION HISTORY
PL 2005, c. 65, §A2 (NEW).
Structure Maine Revised Statutes
TITLE 32: PROFESSIONS AND OCCUPATIONS
Chapter 135: MAINE UNIFORM SECURITIES ACT
Subchapter 5: FRAUD AND LIABILITIES
32 §16502. Prohibited conduct in providing investment advice
32 §16504. Filing of sales and advertising literature
32 §16506. Misrepresentations concerning licensing, registration or exemption
32 §16511. Right to rescission applicable to sales of viatical or life settlement contracts