A broker-dealer, agent, investment adviser, federal covered investment adviser, or investment adviser representative is not liable to another broker-dealer, agent, investment adviser, federal covered investment adviser, or investment adviser representative for defamation relating to a statement that is contained in a record required by the Commissioner, or a designee of the Commissioner, the Securities and Exchange Commission, or a self-regulatory organization, unless the person knew that it was false in a material respect or the person acted in reckless disregard of the statement’s truth or falsity.
History. Code 1981, § 10-5-56 , 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