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Code · South Dakota · Title 37 · Chapter 37-26

37-26-2. Fraudulent offer or sale of membership as felony.

68 words·~1 min read·/sd/title-37/chapter-37-26/37-26-2

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Any person who employs, directly or indirectly, any device, scheme, or artifice to defraud in connection with the offer or sale of any membership or engages, directly or indirectly, in any act, practice, or course of business which operates or would operate as a fraud or deceit upon any person in connection with the offer, purchase, or sale of any membership is guilty of a Class 5 felony.
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