West Virginia § 32-4-405 - 32-4-405. Unlawful representations concerning registration, exemption or notice filing.
Full text of West Virginia West Virginia Code § 32-4-405 — 32-4-405. Unlawful representations concerning registration, exemption or notice filing., with citation guidance and answers to common questions.
§ 32-4-405. 32-4-405. Unlawful representations concerning registration, exemption or notice filing.
(a) Neither (1) the fact that a notice filing or an application for registration under article two of this chapter or a registration statement under article three of this chapter has been filed nor (2) the fact that a person or security is effectively registered constitutes a finding by the commissioner that any document filed under this chapter is true, complete and not misleading. Neither any such fact nor the fact that an exemption or exception is available for a security or a transaction means that the commissioner has passed in any way upon the merits or qualifications of, or recommended or given approval to, any person, security or transaction.
(b) It is unlawful to make, or cause to be made, to any prospective purchaser, customer or client any representation inconsistent with subsection (a).
Source: official West Virginia text · Last verified 2026-08-27
Frequently Asked Questions About West Virginia § 32-4-405
What does West Virginia Code § 32-4-405 cover?
Section 32-4-405 ("32-4-405. Unlawful representations concerning registration, exemption or notice filing.") is part of the West Virginia Code, the codified statutory law of West Virginia. 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 West Virginia § 32-4-405?
A common citation format is "West Virginia Code § 32-4-405" (West Virginia). 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 West Virginia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the West Virginia official source linked on this page or consult a licensed West Virginia attorney.
How does West Virginia § 32-4-405 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in West Virginia 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 West Virginia.