Vt. Stat. Ann. tit. 9, § 5501
General fraud
Redline — July 1, 2021 → current.View current text →
Current — June 1, 2022
As of July 1, 2021
It is unlawful for a person, in connection with the offer to sell, the offer to purchase, the sale, or the purchase of a security, directly or indirectly:
It is unlawful for a person, in connection with the offer to sell, the offer to purchase, the sale, or the purchase of a security, directly or indirectly:
(1) to employ a device, scheme, or artifice to defraud;
(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 statements made, in light of the circumstances under which they were made, not misleading; or
(2) to make an untrue statement of a material fact or to omit to state a material fact necessary in order to make the statements made, in light of the circumstances under which they were 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. Added 2005, No. 11, § 1, eff. July 1, 2006.
(3) to engage in an act, practice, or course of business that operates or would operate as a fraud or deceit upon another person.
Official source: Vermont General Assembly. Reproduced from public-domain Vermont statutes; confirm against the official source for the current text. Not legal advice.