<?xml version='1.0' encoding='utf-8'?>
<section article="gbr" article_name="Business Regulation" number="14-120" title_number="14" title_name="Business Opportunities, Franchises, and Multilevel Distribution Companies" subtitle_number="1" subtitle_name="Business Opportunities">
  <text>In connection with an offer to sell or sale of a business opportunity, a person may not make any untrue statement of a material fact or omit to state a material fact necessary in order to make the statement made, in light of the circumstances under which it is made, not misleading.</text>
</section>
