{"data":{"id":"us-ks/k.s.a.-17-12a501","jurisdiction":"us-ks","citation":"K.S.A. 17-12a501","heading":"General fraud.","body":"It is unlawful for a person, in connection with the offer, sale, or purchase of a security, directly or indirectly:\n(1) To employ a device, scheme, or artifice to defraud;\n(2) to make an untrue statement of a material fact, or omit to state a material fact necessary in order to make a statement made, in the light of the circumstances under which it is made, not misleading; or\n(3) to engage in an act, practice, or course of business that operates or would operate as a fraud or deceit upon another person.","path":["Chapter 17.—CORPORATIONS","Article 12a.—UNIFORM SECURITIES ACT"],"source_url":"https://www.ksrevisor.gov/statutes/chapters/ch17/017_012a_0501.html","current_through":"2025 legislative session","vintage":"","retrieved_at":"2026-09-04T15:10:39Z","sha256":"c2ae3e868e7885e32f43deeba419c97647d8dfba36f7a98f62628c5d342ddeac","source_id":"us-ks","stale":false,"prev":"us-ks/k.s.a.-17-12a412","next":"us-ks/k.s.a.-17-12a502"},"notice":"GroundRules: Original legal text. Not legal advice."}