{"data":{"id":"us-ia/iowa-code-502.505","jurisdiction":"us-ia","citation":"Iowa Code § 502.505","heading":"Misleading filings.","body":"It is unlawful for a person to make or cause to be made, in a record that is used in an action or proceeding or filed under this chapter, a statement that, at the time and in the light of the circumstances under which it is made, is false or misleading in a material respect, or, in connection with the statement, to omit to state a material fact necessary to make the statement made, in the light of the circumstances under which it was made, not false or misleading.","path":["Title XII - BUSINESS ENTITIES (Ch. 486 - 504C)","Chapter 502 - UNIFORM SECURITIES ACT (BLUE SKY LAW)","Article 5 - FRAUD AND LIABILITIES"],"source_url":"https://www.legis.iowa.gov/docs/code/2026/502.505.pdf","current_through":"Iowa Code 2026 edition","vintage":"","retrieved_at":"2026-09-14T19:40:12Z","sha256":"aa473996572f6e9ff0c9c8c6fb802d322d12ddbe0e78f5026e3b7a0de1c89593","source_id":"us-ia","stale":false,"prev":"us-ia/iowa-code-502.504","next":"us-ia/iowa-code-502.506"},"notice":"GroundRules: Original legal text. Not legal advice."}