It is unlawful for any person to make or cause to be made, in any document filed with the Securities Commissioner or the commissioner's designee or in any proceeding under this chapter, any statement which is, at the time in light of the circumstances under which it is made, false or misleading in any material respect.
Ark. Code Ann. § 23-42-110
False or misleading statements unlawful
Known as the Arkansas Securities Act
The act spans §§ 23-42-101 to 23-42-509 (46 sections).
Applied in 1 court decision — leading case 25 Ark. App. 157 - Hardcastle v. State (1988)
Most recently applied in 25 Ark. App. 157 - Hardcastle v. State (July 1988)
Acts 1959, No. 254, § 16; 1983, No. 836, § 16; A.S.A. 1947, § 67-1250.
Current official text: Arkansas General Assembly. Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Arkansas statutes; confirm against the official source for the current text. Not legal advice.