Section 37-5B-24 - Fraud--Class 4 felony.
37-5B-24. Fraud--Class 4 felony. No person may, directly or indirectly, employ a device, scheme, or artifice to defraud in connection with the offer or sale of a franchise. A violation of this section is a fraudulent practice and a Class 4 felony.
Source: SL 2008, ch 203, § 24.