Maine Revised Statutes

Me. Rev. Stat. tit. 32, § 10201 (2026)

Offers, sales and purchases

✓ current as of May 2026
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(REPEALED)
SECTION HISTORY
PL 1985, c. 400, §2 (NEW). PL 2005, c. 65, §A1 (RP). PL 2005, c. 65, §A3 (AFF). PL 2005, c. 397, §C26 (AFF).
Notes of Decisions
Cited in 6 cases, 1986–2003 · leading case: Wyman v. Prime Disc. Sec., 819 F. Supp. 79 (D. Me. 1993).
Wyman v. Prime Disc. Sec., 819 F. Supp. 79 (D. Me. 1993). · cites it 4× “§ 78j(b), and Rule 10b — 5); Count II (negligence); Count III (breach of fiduciary duty); Count IV (fraud and deceit); Count V (violation of 32 M.R.S.A. § 10201); and Count VI (violation of Maine’s Unfair Trade Practices Act, 5 M.”
Bowers v. Allied Inv. Corp., 822 F. Supp. 835 (D. Me. 1993). · cites it 2× “Peat Marwick also moves to dismiss Count VII, alleging violations of the Maine Revised Securities Act, 32 M.R.S.A. §§ 10201 and 10605, and Count VIII, alleging negligent misrepresentation, for failure to state claims upon which relief can be granted and for lack of subject…”
State v. Richard, 1997 ME 144 (Me. 1997). · cites it 2× “The evidence indicates he did not heed that warning. The Act’s criminal penalties apply to any knowing violation of its provisions, 32 M.”
Allied Inv. Corp. v. KPMG Peat Marwick, 872 F. Supp. 1076 (D. Me. 1995). “This Court, by Order dated May 26, 1993, dismissed the Maine Securities Act claims.”
Neely v. Bar Harbor Bankshares, 270 F. Supp. 2d 50 (D. Me. 2003). · cites it 2× “Section 10605(3) of the Revised Maine Securities Act (Count TV) Defendant argues that she is entitled to summary judgment on Count IV because she did not employ any “device, scheme or artifice to defraud,” as prohibited by 32 M.R.S.A. §§ 10201 (2003) 4 and *55 10203 (2003) 5 .”
Worcester v. Briggs, 504 A.2d 620 (Me. 1986). “400, § 2 (codified at 32 M.R.S.A. §§ 10201(2), 10605(1) (Supp.1985)).”
— Me. Rev. Stat. tit. 32, § 10201(2) — 1 case
Worcester v. Briggs, 504 A.2d 620 (Me. 1986). “400, § 2 (codified at 32 M.R.S.A. §§ 10201(2), 10605(1) (Supp.1985)).”
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