---
title: O.C.G.A. § 10-5A-6. Fraudulent or deceitful acts or willful misappropriation prohibited.
collection: code
id: 10-5A-6
cite_as: O.C.G.A. § 10-5A-6 (2025)
canonical_url: https://georgiacommons.org/code/10-5A-6
md_url: https://georgiacommons.org/code/10-5A-6.md
text_url: https://georgiacommons.org/code/10-5A-6/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=846
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.
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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 / COMMODITIES AND COMMODITY CONTRACTS AND OPTIONS / GENERAL PROVISIONS
---

# O.C.G.A. § 10-5A-6. Fraudulent or deceitful acts or willful misappropriation prohibited.

No person shall directly or indirectly:

(1) Cheat or defraud, or attempt to cheat or defraud, any other person or employ any device, scheme, or artifice to defraud any other person;

(2) Willfully make any false report, enter any false record, or make any untrue statement of a material fact or fail to state a material fact necessary in order to make the statements made, in the light of the circumstances under which they were made, not misleading;

(3) Engage in any transaction, act, practice, or course of business, including, without limitation, any form of advertising or solicitation, which operates or would operate as a fraud or deceit upon any person; or

(4) Willfully misappropriate or convert the funds, security, or property of any other person in connection with the solicitation of a purchase or sale of, the offer to sell, the offer to purchase, the offer to enter into, or the entry into of any commodity contract or commodity option subject to the provisions of Code Section 10-5A-2, Code Section 10-5A-3, or paragraph (2) or (4) of subsection (a) of Code Section 10-5A-4.

## History

Code 1981, § 10-5A-6, enacted by Ga. L. 1988, p. 1636, § 1.