---
title: O.C.G.A. § 10-5-55. Acceptance of filings not indicative of accuracy, merit, or qualification.
collection: code
id: 10-5-55
cite_as: O.C.G.A. § 10-5-55 (2025)
canonical_url: https://georgiacommons.org/code/10-5-55
md_url: https://georgiacommons.org/code/10-5-55.md
text_url: https://georgiacommons.org/code/10-5-55/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
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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. § 10-5-55. Acceptance of filings not indicative of accuracy, merit, or qualification.

The filing of an application for registration, a registration statement, a notice filing under this chapter, the registration of a person, the notice filing by a person, or the registration of a security under this chapter does not constitute a finding by the Commissioner that a record filed under this chapter is true, complete, and not misleading. The filing or registration or the availability of an exemption, exception, preemption, or exclusion for a security or a transaction does not mean that the Commissioner has passed upon the merits or qualifications of, or recommended or given approval to, a person, security, or transaction. It is unlawful to make, or cause to be made, to a purchaser, customer, client, or prospective customer or client a representation inconsistent with this Code section.

## History

Code 1981, § 10-5-55, enacted by Ga. L. 2008, p. 381, § 1/SB 358.