There is a newer version of the South Carolina Code of Laws
2012 South Carolina Code of Laws
Title 35 - Securities
Chapter 1 - SOUTH CAROLINA UNIFORM SECURITIES ACT OF 2005
Section 35-1-506 - Misrepresentations concerning registration or exemption.
SC Code § 35-1-506 (2012) What's This?
The filing of an application for registration, a registration statement, a notice filing under this chapter, the registration of a person, the notice filing by a person, or the registration of a security under this chapter does not constitute a finding by the Securities Commissioner that a record filed under this chapter is true, complete, and not misleading. The filing or registration or the availability of an exemption, exception, preemption, or exclusion for a security or a transaction does not mean that the Securities Commissioner has passed upon the merits or qualifications of, or recommended or given approval to, a person, security, or transaction. It is unlawful to make, or cause to be made, to a purchaser, customer, client, or prospective customer or client a representation inconsistent with this section.
HISTORY: 2005 Act No. 110, Section 1, eff January 1, 2006.
Disclaimer: These codes may not be the most recent version. South Carolina 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.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
