Colo. Rev. Stat. § 11-51-503
Unlawful representation concerning a license, registration, or exemption
Colorado · Colorado Revised Statutes Title 11 — Financial Institutions · Status: effective
Cite this
- Citation
- Colo. Rev. Stat. § 11-51-503, Unlawful representation concerning a license, registration, or exemption, Colorado, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2289473
- Permanent ID
ys:prov:2289473@1- SHA-256
b33e2b9e4a6c613afdde676f27bca48bf01e945470f9f2a93e0383a0d7f7da0a
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
(1) Neither the fact that an application for a license or a registration statement has been filed nor the fact that a person is licensed or a security is registered constitutes a finding by the securities commissioner that any document filed under this article is true, complete, and not misleading. No such fact, nor the fact that an exemption or exception is available for a person, security, or transaction, means that the securities commissioner has passed in any way upon the merits or qualifications of, or has recommended or given approval to, any person, security, or transaction.
(2) It is unlawful to make, or cause to be made, to any prospective purchaser or to any existing or prospective customer or client any representation inconsistent with subsection (1) of this section.