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Indiana Code Title 23. Business and Other Associations § 23-2-2.5-6

Current as of January 02, 2024 | Updated by Findlaw Staff

Sec. 6. The commissioner may, without a hearing, issue a stop order denying or revoking any exemption specified in sections 3, 4, or 5 with respect to an offer or sale if he finds that it is in the public interest and either:

(a) that there has been a failure to comply with any of the provisions of this chapter;  or

(b) that the offer or sale would constitute misrepresentation to, or deceit or fraud on, the purchaser or offeree.

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Cite this article: FindLaw.com - Indiana Code Title 23. Business and Other Associations § 23-2-2.5-6 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-23-business-and-other-associations/in-code-sect-23-2-2-5-6/

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