{"data":{"id":"us-vt/9-v.s.a.-5501","jurisdiction":"us-vt","citation":"9 V.S.A. § 5501","heading":"General fraud","body":"It is unlawful for a person, in connection with the offer to sell, the offer to purchase, the sale, or the 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 statements made, in light of the circumstances under which they were 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 9: Commerce and Trade","Chapter 150: Securities Act","Subchapter 005: FRAUD AND LIABILITIES"],"source_url":"https://legislature.vermont.gov/statutes/section/09/150/05501","current_through":"2025 session","vintage":"","retrieved_at":"2026-09-05T14:50:21Z","sha256":"2ecf31f5ef5787af2580466193fb05b19d6ef610da10256bfbdcf7c739e2e3e6","source_id":"us-vt","stale":false,"prev":"us-vt/9-v.s.a.-5412","next":"us-vt/9-v.s.a.-5502"},"notice":"GroundRules: Original legal text. Not legal advice."}