Current as of January 01, 2018 | Updated by FindLaw Staff
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It is unlawful for a person, in connection with the offer, sale, or purchase of a security, directly or indirectly:
(1) To employ a device, scheme, or artifice to defraud;
(2) To make an untrue statement of a material fact or to omit to state a material fact necessary in order to make the statement made, in the light of the circumstances under which it is made, not misleading; or
(3) To engage in an act, practice, or course of business that operates or would operate as a fraud or deceit upon another person.
Cite this article: FindLaw.com - Missouri Revised Statutes Title XXVI. Trade and Commerce § 409.5-501. General fraud - last updated January 01, 2018 | https://codes.findlaw.com/mo/title-xxvi-trade-and-commerce/mo-rev-st-409-5-501/
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 or via Westlaw before relying on it for your legal needs.
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