SECTION 517.312. Securities, investments, boiler rooms; prohibited practices; remedies.

Latest version.

1(1) 2It is unlawful and a violation of this chapter for any person:
14(a) 15To offer or sell, in this state or from this state, any security or investment when such offer or sale is in violation of s. 40517.301 41or s. 43517.311; 44or
45(b) 46To directly or indirectly manage, supervise, control, or own, either alone or in association with others, any boiler room in this state which sells or offers for sale any security or investment in violation of paragraph (a).
83(2) 84Any purchaser of a security or investment sold in violation of subsection (1) is entitled to rescind such purchase at any time and recover damages as provided in s. 113517.211(3)(a), 114(4), and (6).

History.-ss. 11, 15, ch. 84-159; ss. 14, 15, ch. 90-362; s. 4, ch. 91-429.

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