{"data":{"id":"us-ar/ark.-code-ann.-23-42-507","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 23-42-507","heading":"Fraud or deceit in connection with offer, sale, or purchase of securities","body":"It is unlawful for any person, in connection with the offer, sale, or purchase of any security, directly or indirectly:\n\n(1) To employ any device, scheme, or artifice to defraud;\n\n(2) To make any 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 are made, not misleading; or\n\n(3) To engage in any act, practice, or course of business which operates or would operate as a fraud or deceit upon any person.","path":["AR Code","Title 23","Chapter 42","Subchapter 5"],"source_url":"https://oss-data-us.vaquill.ai/v2026.08/us_ar_statutes.parquet","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:41Z","sha256":"071c38c718ba3990b60e7aed2e219ecbcafe38162e1bb5097e35ac33f42ebf1c","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-23-42-506","next":"us-ar/ark.-code-ann.-23-42-508"},"notice":"GroundRules: Original legal text. Not legal advice."}