Georgia Code
Part 3 - Multilevel Distribution Companies; Sale of Business Opportunities
§ 10-1-415. Contracts to Be in Writing; Delivery of Copy; Required Provisions; Cancellation Rights

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“A participant in this multilevel marketing plan has a right to cancel at any time, regardless of reason. Cancellation must be submitted in writing to the company at its principal business address.”; and
“As required by Georgia law, the company has secured a bond or established a trust account for your protection. This bond or trust account can be identified as # in the name of , provided by the following bonding company or trust company: , which is located at the following address: in the City of , State of .”;
History. Ga. L. 1980, p. 1233, § 6; Ga. L. 1988, p. 1868, § 1; Ga. L. 1992, p. 2370, § 5.
Code Commission notes.
Pursuant to Code Section 28-9-5, in 1992, “#” was deleted following “in the name of” in paragraph (c)(2) and “Goods” was substituted for “Good” in the third sentence of paragraph (d)(1).
Pursuant to Code Section 28-9-5, in 1994, “City” and “State” were substituted for “city” and “state” near the end of paragraph (c)(2).
Law reviews.
For note, “The Georgia Sale of Business Opportunities Act,” see 1 Ga. St. U.L. Rev. 219 (1985).
For annual survey on business corporations, see 64 Mercer L. Rev. 61 (2012).

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