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Official Code of Georgia Annotated

Title 10. COMMERCE AND TRADE · Chapter 1. SELLING AND OTHER TRADE PRACTICES · Article 9A. BELOW COST SALES

10-1-251. Definitions.

Active

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

  1. As used in this article, the term:

  2. (1)

    “Person” means an individual, partnership, association, corporation, joint-stock company, or business trust.#

  3. (2)

    “Product” means octane or cetane rated fuels for use in the propulsion of motor vehicles.#

  4. (3)

    “Purchase” includes any acceptance or receipt of product by a person from a related entity.#

  5. (4)

    “Related entity” of a person means any person who, directly or through an affiliated person, holds more than 50 percent of the assets or voting securities of such person.#

  6. (5)

    “Sale” or “to sell” includes any transfer or delivery of product to a person from a related entity.#

The notes below are printed with the section but are not enacted law (O.C.G.A. § 1-1-1(c)). They are shown apart from the text.

History

Code 1981, § 10-1-251, enacted by Ga. L. 1985, p. 458, § 1.

Read the official page (the state's PDF, opened at the page this text was read from).

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

Text read from t10-(v8)-2024-pdf.pdf, Volume V8, 2024 edition, pages 138 to 139; merge action: carried; file SHA-256 7afbade16da7.