2010 Georgia Code
TITLE 10 - COMMERCE AND TRADE
CHAPTER 5 - GEORGIA UNIFORM SECURITIES
ARTICLE 3 - REGISTRATION OF SECURITIES
§ 10-5-20 - Restrictions on sales of securities

O.C.G.A. 10-5-20 (2010)
10-5-20. Restrictions on sales of securities


It is unlawful for a person to offer or sell a security in this state unless:

(1) The security is a federal covered security;

(2) The security, transaction, or offer is exempted from registration under Code Sections 10-5-10 through 10-5-12; or

(3) The security is registered under this chapter.

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