It is unlawful for a person to make or cause to be made, in a record that is used in an action or proceeding or filed under this chapter, a statement that, at the time and in the light of the circumstances under which it is made, is false or misleading in a material respect, or, in connection with the statement, to omit to state a material fact necessary to make the statement made, in the light of the circumstances under which it was made, not false or misleading.
History. Code 1981, § 10-5-54 , enacted by Ga. L. 2008, p. 381, § 1/SB 358.
Structure Georgia Code
Chapter 5 - Georgia Uniform Securities
Article 5 - Violations, Penalties, and Civil Liability
§ 10-5-50. Unlawful Practices With Offer, Sale, or Purchase of Security
§ 10-5-51. Fraud or Deceit Unlawful; Adoption of Rule
§ 10-5-52. Civil and Criminal Proceedings
§ 10-5-53. Order or Rule May Require Filing of Prospectus and Additional Information
§ 10-5-54. Unlawful to Make False or Misleading Statements
§ 10-5-56. Liability for Defamation Related to Information Contained in Record
§ 10-5-57. Penalties for Violations