§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]