California Corporations Code

§ 29536

CORP § 29536Div. 4.5 · Title 4 · Ch. 4

Statute text

It is unlawful for any person, directly or indirectly, in connection with the purchase or sale of, the offer to sell, the offer to purchase, the offer to enter into, or the entry into, a commodity, commodity contract, or commodity option to do any of the following:

(a)To willfully employ any device, scheme, or artifice to defraud.

(b)To willfully make any false report, enter any false record, make any untrue statement of a material fact, or 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.

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Legislative history

Added by Stats. 1990, Ch. 969, Sec. 2.