§ 71-819. Fraud or deceit unlawful.  


Latest version.
  • It is unlawful for any person, in connection with the offer or sale of any business opportunity in this state, directly or indirectly:

    1.  To employ any device, scheme or artifice to defraud;

    2.  To make any untrue statement of a material fact or to omit to state a material fact necessary in order to make the statements made, in the light of the circumstances under which they are made, not misleading;or

    3.  To engage in any act, practice or course of business which operates or would operate as a fraud or deceit upon any person.

Added by Laws 1985, c. 157, § 19, eff. Nov. 1, 1985.