Terms Used In Vermont Statutes Title 9 Sec. 5505

  • Person: means an individual; corporation; business trust; estate; trust; partnership; limited liability company; association; joint venture; government; governmental subdivision, agency, or instrumentality; public corporation; or any other legal or commercial entity. See
  • State: means a state of the United States, the District of Columbia, Puerto Rico, the U. See

§ 5505. Misleading filings

It is unlawful for a person to make or cause to be made, in a record that is used in an action or proceeding or filed under this chapter, a statement that, at the time and in the light of the circumstances under which it is made, is false or misleading in a material respect, or, in connection with the statement, to omit to state a material fact necessary to make the statement made, in the light of the circumstances under which it was made, not false or misleading. (Added 2005, No. 11, § 1, eff. July 1, 2006.)