TITLE 10 COMMERCE AND TRADE

Section 5. Georgia Uniform Securities, 10-5-1 through 10-5-90.

ARTICLE 5 VIOLATIONS, PENALTIES, AND CIVIL LIABILITY

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.

(Code 1981, §10-5-54, enacted by Ga. L. 2008, p. 381, § 1/SB 358.)