{"data":{"id":"us-ga/o.c.g.a.-10-5-20","jurisdiction":"us-ga","citation":"O.C.G.A. § 10-5-20","heading":"Restrictions on sales of securities.","body":"It is unlawful for a person to offer or sell a security in this state unless:\n(1) The security is a federal covered security;\n(2) The security, transaction, or offer is exempted from registration under Code Sections 10-5-10 through 10-5-12; or\n(3) The security is registered under this chapter.","path":["TITLE 10 Commerce and Trade","CHAPTER 5 Georgia Uniform Securities","Article 3 Registration of Securities"],"source_url":"https://archive.org/download/gov.ga.ocga.2018/release86.2022.11/gov.ga.ocga.title.10.odt","current_through":"Release 86 (2022-11)","vintage":"Public.Resource.Org bulk O.C.G.A., Release 86 (2022-11), retrieved 2026-09-17","retrieved_at":"2026-09-17T19:34:57Z","sha256":"0e527b71b1cb11dab7b150c5baa0b39517a9ea950ddba71ef23bbe6bde9e4d32","source_id":"us-ga","stale":false,"prev":"us-ga/o.c.g.a.-10-5-13","next":"us-ga/o.c.g.a.-10-5-21"},"notice":"GroundRules: Original legal text. Not legal advice."}