O.C.G.A. § 10-5-54 — Unlawful to make false or misleading statements

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. 10-5-55. Acceptance of ﬁlings not indicative of accuracy, merit, or qualiﬁcation. The ﬁling of an application for registration, a registration statement, a notice ﬁling under this chapter, the registration of a person, the notice ﬁling by a person, or the registration of a security under this chapter does not constitute a ﬁnding by the Commissioner that a record ﬁled under this chapter is true, complete, and not misleading. The ﬁling or registration or the availability of an exemption, exception, preemption, or exclusion for a security or a transaction does not mean that the Commissioner has passed upon the merits or qualiﬁcations of, or recommended or given approval to, a person, security, or transaction. It 797 10-5-57 is unlawful to make, or cause to be made, to a purchaser, customer, client, or prospective customer or client a representation inconsistent with this Code section. History. Code 1981, § 10-5-55, enacted by Ga. L. 2008, p. 381, § 1/SB 358. 10-5-56. Liability for defamation related to information contained in record.