Official Code of Georgia Annotated

Title 20. EDUCATION · Chapter 3. POSTSECONDARY EDUCATION · Article 10. COLLEGE OPPORTUNITY ACT

20-3-616. Exemption from securities law; approval required for transfer of advance tuition payment contracts.

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

An advance tuition payment contract shall be exempt from Chapter 5 of Title 10, the “Georgia Uniform Securities Act of 2008.” An advance tuition payment contract may not be sold or otherwise transferred by the purchaser or qualified beneficiary without the prior approval of the trust.

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, § 20-3-616, enacted by Ga. L. 1990, p. 1448, § 1; Ga. L. 2008, p. 381, § 10/SB 358.

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

Text read from t20-ch3-18-(v17a)-2025-pdf.pdf, Volume V17A, 2025 edition, page 368; merge action: bound only; file SHA-256 4560a0cef806.

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