Mississippi § 75-71-501 - General fraud.
Full text of Mississippi Mississippi Code of 1972 Annotated § 75-71-501 — General fraud., with citation guidance and answers to common questions.
§ 75-71-501. General fraud.
It is unlawful for a person, in connection with the offer, sale, or purchase of a security, directly or indirectly: To employ a device, scheme, or artifice to defraud; 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 the light of the circumstances under which they were made, not misleading; or To engage in an act, practice, or course of business that operates or would operate as a fraud or deceit upon another person.
Frequently Asked Questions About Mississippi § 75-71-501
What does Mississippi Code of 1972 Annotated § 75-71-501 cover?
Section 75-71-501 ("General fraud.") is part of the Mississippi Code of 1972 Annotated, the codified statutory law of Mississippi. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Mississippi § 75-71-501?
A common citation format is "Mississippi Code of 1972 Annotated § 75-71-501" (Mississippi). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Mississippi law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Mississippi official source linked on this page or consult a licensed Mississippi attorney.
How does Mississippi § 75-71-501 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Mississippi can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Mississippi.