2019 South Dakota Codified Laws
Title 47 - Corporations
Chapter 31B - Uniform Securities Act Of 2002
§ 47-31B-505 Misleading filings.
47-31B-505. Misleading filings. It is unlawful for a person to make or cause to be made, in a record that is used in an action or proceeding or filed under this chapter, a statement that, at the time and in the light of the circumstances under which it is made, is false or misleading in a material respect, or, in connection with the statement, to omit to state a material fact necessary to make the statement made, in the light of the circumstances under which it was made, not false or misleading.
Source: SL 2004, ch 278, § 33.