409.546. Fraudulent practices not allowed, solicitation of offerees. - Missouri Statutes

Fraudulent practices not allowed, solicitation of offerees.

409.546. 1. No person shall make any untrue statement of amaterial fact or omit to state any material fact necessary inorder to make the statements made, in the light of thecircumstances under which they are made, not misleading, orengage in any fraudulent, deceptive, or manipulative acts orpractices, in connection with any takeover bid or anysolicitation of offerees in opposition to or in favor of any suchtakeover bid.

2. Fraudulent, deceptive or manipulative acts or practicesinclude without limitation those acts and practices prescribed byrules and regulations which the commissioner of securities ishereby empowered to adopt, promulgate, amend and rescind as isnecessary to carry out the provisions of this section.

(L. 1986 H.B. 1667)