2017 Alaska Statutes
Title 45. Trade and Commerce
Chapter 55. Alaska Securities Act
Article 4. Miscellaneous Provisions
Sec. 45.55.170. Unlawful representations concerning registration or exemption.
(a) Neither the fact that an application for registration under AS 45.55.030 — 45.55.060, a registration statement under AS 45.55.070 — 45.55.120, or a notice filing under AS 45.55.040(h) or 45.55.075 is filed nor the fact that a person or security is effectively registered constitutes a finding by the administrator that a document filed under this chapter is true, complete, and not misleading. Neither the fact of filing nor the fact that an exemption or exception is available for a security or a transaction means that the administrator has passed in any way upon the merits or qualifications of, or recommended or given approval to, a person, security, or transaction.
(b) A person may not make, or cause to be made, to a prospective purchaser, customer, or client any representation inconsistent with (a) of this section.
