K.S.A. » Chapter 17
Kansas Statutes Annotated

K.S.A. § 17-12a501 (2026)

General fraud

✓ current as of May 2026
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17-12a501. General fraud. It is unlawful for a person, in connection with the offer, sale, or purchase of a security, directly or indirectly:

(1) To employ a device, scheme, or artifice to defraud;

(2) to make an untrue statement of a material fact, or omit to state a material fact necessary in order to make a statement made, in the light of the circumstances under which it is made, not misleading; or

(3) to engage in an act, practice, or course of business that operates or would operate as a fraud or deceit upon another person.

History: L. 2004, ch. 154, § 30; July 1, 2005.

Notes of Decisions
Cited in 8 cases (3 in the last 5 years), 2017–2026 · leading case: State v. Lundberg, 445 P.3d 1113 (Kan. 2019).
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State v. Lundberg, 445 P.3d 1113 (Kan. 2019). · cites it 8× “) See K.S.A. 17-12a501. The State charged Lundberg and Elzufon with two of the three possible types of fraudulent acts, specifically those that make it unlawful: "(2) to make an untrue statement of a material fact, or omit to state a material fact necessary in order to make a…”
State v. Lundberg, 391 P.3d 49 (Kan. Ct. App. 2017). · cites it 2× “K.S.A. 17-12a501(2). In addition, it is illegal to engage in fraudulent actions in connection with the sale of a security.”
State v. Morley, 448 P.3d 1066 (Kan. Ct. App. 2019). “In particular, he was charged with four counts of securities fraud in violation of K.S.A. 17-12a501; four counts of sale of an unregistered security in violation of K.”
State v. Moeller, 549 P.3d 1106 (Kan. 2024). · cites it 11× “" K.S.A. 17-12a501. The State charged Moeller with committing securities fraud in connection with the sale of a security in the form of an investment contract.”
State v.Lundberg, 445 P.3d 1113 (Kan. 2019). · cites it 5× “) See K.S.A. 17-12a501. The State charged Lundberg and Elzufon with two of the three possible types of fraudulent acts, specifically those that make it unlawful: "(2) to make an untrue statement of a material fact, or omit to state a material fact necessary in order to make a…”
State v. Lundberg ( (Kan. Ct. App. 2017). · cites it 3× “K.S.A. 17-12a501 makes it unlawful for a person, in connection with the offer, sale, or purchase of a security, to make an untrue statement of material fact or to omit a material fact.”
Hart Inv. Grp., LLC, et al. v. Taylor Veterinary Imaging, LLC, et al. (D. Kan. 2026). · cites it 2× “”9 When a defendant challenges venue, the plaintiff bears the burden of proving that venue properly lies in the district.”
Hart Inv. Grp., LLC, et al. v. Taylor Veterinary Imaging, LLC, et al. (D. Utah 2026). “”9 When a defendant challenges venue, the plaintiff bears the burden of proving that venue properly lies in the district.”
— K.S.A. § 17-12a501(2) — 3 cases
State v. Lundberg, 445 P.3d 1113 (Kan. 2019). “) See K.S.A. 17-12a501. The State charged Lundberg and Elzufon with two of the three possible types of fraudulent acts, specifically those that make it unlawful: "(2) to make an untrue statement of a material fact, or omit to state a material fact necessary in order to make a…”
State v. Lundberg, 391 P.3d 49 (Kan. Ct. App. 2017). “K.S.A. 17-12a501(2). In addition, it is illegal to engage in fraudulent actions in connection with the sale of a security.”
State v. Lundberg ( (Kan. Ct. App. 2017). “K.S.A. 17-12a501 makes it unlawful for a person, in connection with the offer, sale, or purchase of a security, to make an untrue statement of material fact or to omit a material fact.”
— K.S.A. § 17-12a501(3) — 4 cases
State v. Lundberg, 445 P.3d 1113 (Kan. 2019). “) See K.S.A. 17-12a501. The State charged Lundberg and Elzufon with two of the three possible types of fraudulent acts, specifically those that make it unlawful: "(2) to make an untrue statement of a material fact, or omit to state a material fact necessary in order to make a…”
State v. Lundberg, 391 P.3d 49 (Kan. Ct. App. 2017). “K.S.A. 17-12a501(2). In addition, it is illegal to engage in fraudulent actions in connection with the sale of a security.”
State v. Moeller, 549 P.3d 1106 (Kan. 2024). “" K.S.A. 17-12a501. The State charged Moeller with committing securities fraud in connection with the sale of a security in the form of an investment contract.”
State v. Lundberg ( (Kan. Ct. App. 2017). “K.S.A. 17-12a501 makes it unlawful for a person, in connection with the offer, sale, or purchase of a security, to make an untrue statement of material fact or to omit a material fact.”
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