{"data":{"id":"us-ak/as-45.56.500","jurisdiction":"us-ak","citation":"AS 45.56.500","heading":"General fraud.","body":"A person may not, in connection with the offer, sale, or purchase of a security, directly or indirectly,\n(1) employ a device, scheme, or artifice to defraud;\n(2) make an untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which they were made, not misleading; or\n(3) engage in an act, practice, or course of business that operates or would operate as a fraud or deceit on another person.","path":["Title 45. Trade and Commerce.","Chapter 56. Alaska Securities Act.","Article 3. Fraud and Liabilities."],"source_url":"https://www.akleg.gov/basis/statutes.asp#45.56.500","current_through":"Alaska Statutes 2025 (34th Legislature, 2025-2026)","vintage":"","retrieved_at":"2026-09-02T06:19:44Z","sha256":"3b256100fd5f8bfbc358f973fbccfaa037d897729766f244169d10c5852f001c","source_id":"us-ak","stale":false,"prev":"us-ak/as-45.56.440","next":"us-ak/as-45.56.510"},"notice":"GroundRules: Original legal text. Not legal advice."}