Minn. Stat. » CHAPTER 80A. REGULATION OF SECURITIES
Minnesota Statutes

Minn. Stat. § 80A.03 (2026)

[Repealed]

✓ text as last checked Sept. 2026 (this copy records no edition or section history)
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[Repealed, 2006 c 196 art 1 s 51,52]

Notes of Decisions
Cited in 9 cases, 1975–2003 · leading case: Stephenson v. Deutsche Bank AG, 282 F. Supp. 2d 1032 (D. Minn. 2003).
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Stephenson v. Deutsche Bank AG, 282 F. Supp. 2d 1032 (D. Minn. 2003). · cites it 6× “Minn.Stat. § 80A.03 is the Minnesota counterpart to Section 9.”
In Re Flight Transp. Corp. SEC. Litig., 593 F. Supp. 612 (D. Minn. 1984). · cites it 10× “Count V is dismissed insofar as it alleges violations of Minn.Stat. § 80A.03. IT IS SO ORDERED. NOTES [1] Judge Weiner, a district court judge in the Eastern District of Pennsylvania, is sitting by designation.”
Hagert v. Glickman, Lurie, Eiger & Co., 520 F. Supp. 1028 (D. Minn. 1981). · cites it 6× “Minn.Stat. § 80A.03 provides in relevant part, “It is unlawful for any person to effect any transaction in, or to induce the purchase or sale of any security by means of any manipulative, deceptive or other fraudulent device or contrivance, including any fictitious quotation.”
Jenson v. Touche Ross & Co., 335 N.W.2d 720 (Minn. 1983). · cites it 4× “01 on any person who sells such a security and on “any person who violates section 80A.03 in connection with the purchase or sale of any security.”
Burns v. Ersek, 591 F. Supp. 837 (D. Minn. 1984). “01 or § 80A.03 in connection with the purchase or sale of any security.”
Antinore v. Reavis & McGrath, 593 F. Supp. 612 (D. Minn. 1984). · cites it 8× “Count V is dismissed insofar as it alleges violations of Minn.Stat. § 80A.03. IT IS SO ORDERED. . Judge Weiner, a district court judge in the Eastern District of Pennsylvania, is sitting by designation.”
Jenson v. Cont'l Fin. Corp., 404 F. Supp. 806 (D. Minn. 1975). “Ü1 and § 80A.03 (1973 Supp.). 9 . Minnesota Consumer Fraud Act, Minn.”
Kovatovich v. Barnett, 406 N.W.2d 516 (Minn. 1987). · cites it 2× “It is also illegal to “effect any transaction in, or to induce the purchase or sale of any security by means of any manipulative, deceptive or other fraudulent device or contrivance * * Minn.Stat. § 80A.03 (1986). A “security” is: [A]ny note; stock; treasury stock; bond;…”
Jenson v. Cont'l Fin. Corp., 404 F. Supp. 792 (D. Minn. 1975). “01 and § 80A.03 (1973 Supp.). Count IV alleges the sale of unregistered securities in violation of the Minnesota Securities Act, Minn.”
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