Sec. 3. No representations may be made in any manner in connection with the offer or sale of any stock issued under this chapter that: (1) the price, price range, or any other pricing information related to a stock issuance has been approved by the department; (2) the stock has been approved by the department; or (3) the department has endorsed the accuracy or adequacy of any securities offering or sales documents disseminated in connection with the stock.
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