2005 Minnesota Statutes - 82A.13 — Prohibited practices.

     82A.13 Prohibited practices. 


    Subdivision 1.    Untrue statements filed in documents.  
 No person shall make or cause to be made any untrue statement of 
 a material fact in an application or other document filed with 
 the commissioner under this chapter, or omit to state in the 
 application or other document any material fact which is 
 required to be stated therein, or fail to notify the 
 commissioner of any material change as required by sections 
 82A.07 and 82A.16, subdivision 3. 


    Subd. 2.    Fraud.  No person shall, in connection with 
 the offer or sale of any membership camping contract, directly 
 or indirectly: 


    (1) employ any device, scheme, or artifice to defraud; 


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


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


    (4) accept an advance payment for services rendered by an 
 agent in connection with the resale of a membership camping 
 contract. 


    Subd. 3.    Misrepresentations.  No person may represent 
 or cause to be represented to any prospective purchaser of a 
 membership camping contract that the filing of any document 
 under this chapter or the registration or exemption from 
 registration of a membership camping contract constitutes a 
 finding by the commissioner that any document filed under this 
 chapter is true, complete, and not misleading, or that the 
 commissioner has passed in any way upon the merits of any 
 membership camping contract, and no person may represent that a 
 membership camping contract is registered or exempted from 
 registration when in fact, such is not the case. 


    HIST: 1985 c 129 s 13; 1989 c 252 s 3