83.44 PROHIBITED PRACTICES.
It is unlawful for any person, in connection with the offer or sale of any subdivided land or
interests therein, directly or indirectly:
(a) to employ any device, scheme, or artifice to defraud;
(b) to make any untrue statement of a material fact or to omit to state material facts necessary
in order to make the statements made, in the light of the circumstances under which they are
made, not misleading;
(c) to engage in any act, practice, or course of business which operates or would operate as a
fraud or deceit upon any person; or
(d) to accept an advance payment for services rendered by an agent in connection with
the resale of a time share interest.
History: 1984 c 452 s 29; 1988 c 493 s 6