It shall be unlawful for any person, in connection with the advertising, offering, contracting, sale or promoting of any distributorship in this state: I. To fail to comply with any provision of this chapter; II. To employ any device, scheme or artifice to defraud a distributor; III. To make any untrue statement of a material fact, or to omit to state a material fact in connection with the documents and information required to be furnished to the attorney general or prospective distributor; and IV. To make any claim or representation in advertising or promotional material, or in any oral sales presentation, solicitation, or discussion between the grantor and a prospective distributor, which is inconsistent with the information required to be disclosed by this chapter.
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