False statement, fraud, or violation of provisions as misdemeanor.

Checkout our iOS App for a better way to browser and research.

43-15A-25. False statement, fraud, or violation of provisions as misdemeanor.

Any person who knowingly authorizes, directs, or aids in the publication, advertisement, distribution, or circulation of any false statement or representation concerning any project offered for sale or lease, and a person who, with knowledge that an advertisement, pamphlet, prospectus, or letter concerning a project contains a written statement that is false or fraudulent, issues, circulates, publishes, or distributes the same, or causes the same to be issued, circulated, published, or distributed, or who, in any other respect, violates or fails to comply with the provisions set forth in §§43-15A-10 to 43-15A-26, inclusive, or who in any other respect violates or fails, omits, or neglects to obey, observe, or comply with any order, decision, demand, or requirement of the Real Estate Commission under §§43-15A-10 to 43-15A-26, inclusive, is guilty of a Class 1 misdemeanor.

Source: SL 1975, ch 270, §18; SL 1983, ch 15, §3; SL 1986, ch 302, §92.


Download our app to see the most-to-date content.