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Current as of January 01, 2025 | Updated by Findlaw Staff
A person may not, in connection with the offer, sale, or purchase of a security, directly or indirectly,
(1) employ a device, scheme, or artifice to defraud;
(2) make an untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which they were made, not misleading; or
(3) engage in an act, practice, or course of business that operates or would operate as a fraud or deceit on another person.
Cite this article: FindLaw.com - Alaska Statutes Title 45. Trade and Commerce § 45.56.500. General fraud - last updated January 01, 2025 | https://codes.findlaw.com/ak/title-45-trade-and-commerce/ak-st-sect-45-56-500/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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