§ 21.20.010. Unlawful offers, sales, purchases
It is unlawful for any person, in connection with the offer, sale or purchase of any security, 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.
[1959 c 282 § 1.]
Sections: Previous 21.20.005 21.20.010 21.20.020 21.20.030 21.20.035 21.20.037 21.20.040 21.20.050 21.20.060 21.20.070 21.20.080 21.20.090 21.20.100 21.20.110 21.20.120 NextLast modified: April 7, 2009