{"data":{"id":"us-mo/mo.-rev.-stat.-409.5-501","jurisdiction":"us-mo","citation":"Mo. Rev. Stat. § 409.5-501","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 to omit to state a material fact necessary in order to make the 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":["Title XXVI - TRADE AND COMMERCE","Chapter 409 - Regulation of Securities"],"source_url":"https://revisor.mo.gov/main/OneSection.aspx?section=409.5-501","current_through":"2026 legislative session (floor)","vintage":"","retrieved_at":"2026-09-03T22:23:28Z","sha256":"63dd3b0c115668c3aee5670032525b35cdc1a83655266f09e2a070810b8d1e05","source_id":"us-mo","stale":false,"prev":"us-mo/mo.-rev.-stat.-409.4-412","next":"us-mo/mo.-rev.-stat.-409.5-502"},"notice":"GroundRules: Original legal text. Not legal advice."}