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80A.73 SECTION 506; MISREPRESENTATIONS CONCERNING REGISTRATION
OR EXEMPTION.
    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 administrator 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 administrator 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: 2006 c 196 art 1 s 33
NOTE: This section, as added by Laws 2006, chapter 196, article 1, section 33, is effective
August 1, 2007. Laws 2006, chapter 196, article 1, section 52.

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Revisor of Statutes