{"data":{"id":"us-sd/sdcl-47-31b-505","jurisdiction":"us-sd","citation":"SDCL § 47-31B-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 47. CORPORATIONS","CHAPTER 47-31B. UNIFORM SECURITIES ACT OF 2002"],"source_url":"https://sdlegislature.gov/Statutes/47-31B-505","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"aa473996572f6e9ff0c9c8c6fb802d322d12ddbe0e78f5026e3b7a0de1c89593","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-47-31b-504","next":"us-sd/sdcl-47-31b-506"},"notice":"GroundRules: Original legal text. Not legal advice."}