--- title: O.C.G.A. § 10-5-54. Unlawful to make false or misleading statements. collection: code id: 10-5-54 cite_as: O.C.G.A. § 10-5-54 (2025) canonical_url: https://georgiacommons.org/code/10-5-54 md_url: https://georgiacommons.org/code/10-5-54.md text_url: https://georgiacommons.org/code/10-5-54/text source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t10-(v8)-2024-pdf.pdf?sfvrsn=1992b47e_0#page=811 date: 2025 status: active corpus_version: 2025-supplement-89aa39ab3c68 license: CC0-1.0 publisher: Georgia Commons, an independent project of Georgia Civic Data. Not the State of Georgia. Not legal advice. up: https://georgiacommons.org/code/10-5.md previous: https://georgiacommons.org/code/10-5-53.md next: https://georgiacommons.org/code/10-5-55.md index: https://georgiacommons.org/code/index.md version: the only printed version in_force: true current_through: Including Acts of the 2025 Regular Session of the General Assembly heading_path: COMMERCE AND TRADE / GEORGIA UNIFORM SECURITIES / VIOLATIONS, PENALTIES, AND CIVIL LIABILITY --- # 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.