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The filing of an application for registration, a registration statement, a notice filing under this chapter, the registration of a person, the notice filing by a person, or the registration of a security under this chapter does not constitute a finding by the administrator that a record filed under this chapter is true, complete, and not misleading. The filing or registration or the availability of an exemption, exception, preemption, or exclusion for a security or a transaction does not mean that the administrator has passed upon the merits or qualifications of, or recommended or given approval to, a person, security, or transaction. It is unlawful to make, or cause to be made, to a purchaser, customer, client, or prospective customer or client a representation inconsistent with this section.
Cite this article: FindLaw.com - Minnesota Statutes Securities (Ch. 80, 80A) § 80A.73. Section 506; misrepresentations concerning registration or exemption - last updated January 01, 2018 | https://codes.findlaw.com/mn/securities-ch-80-80a/mn-st-sect-80a-73/
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