§514A-42 - True copies of public report; no misleading information.
§514A-42 True copies of public report; no misleading information. The public reports given by the developer to prospective purchasers shall be an exact reproduction of the public report for which the commission has issued an effective date. All documents (including the public report) prepared by or for the developer and submitted to the commission in connection with the developer's registration of the project, and all information contained in such documents, shall be true, complete and accurate in all respects, and shall not contain any misleading information, or omit any information which would render the information or documents submitted to the commission misleading in any material respect. [L 1977, c 98, pt of §2; am L 1991, c 44, §12]