Corpus

General fraud.

Miss. Code Ann. § 75-71-501
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
It is unlawful for a person, in connection with the offer, sale, or purchase of a security, directly or indirectly: To employ a device, scheme, or artifice to defraud; To make an untrue statement of a material fact or to omit to state a material fact necessary in order to make the statements made, in the light of the circumstances under which they were made, not misleading; or To engage in an act, practice, or course of business that operates or would operate as a fraud or deceit upon another person.