2006 New Mexico Statutes - Section 59A-35-12 — Permit as inducement.
59A-35-12. Permit as inducement.
A. The granting of a securities permit is permissive only, and shall not constitute an endorsement or approval by the superintendent, public regulation commission or any other agency or department of the state of New Mexico of any person or thing related to the offering of securities, or constitute evidence of the completeness or accuracy of information presented in any prospectus or other sales publicity or literature, or a recommendation of purchase of any securities offered. The existence of the permit shall not be advertised or used as an inducement in any solicitation.
B. Each permit issued by the superintendent shall state conspicuously in boldface type the substance of Subsection A of this section in terminology prescribed by the superintendent.
Disclaimer: These codes may not be the most recent version. New Mexico may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
