Intentional fraud in failing to comply substantially with the articles of incorporation, or in deceiving the public or individuals in relation to their means or their liabilities, shall be a fraudulent practice. Any person who has sustained injury from such fraud may also recover damages therefor against those guilty of participating in such fraud.
[C51, § 686; R60, § 1163; C73, § 1071; C97, § 1620; C24, 27, 31, 35, 39, § 8377; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 491.40]
Referred to in § 491.41, 491.42
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