---
title: O.C.G.A. § 33-14-94. Sales by dealers in ordinary course of business and incident to establishment or maintenance of primary or secondary market exempted from article.
collection: code
id: 33-14-94
cite_as: O.C.G.A. § 33-14-94 (2025)
canonical_url: https://georgiacommons.org/code/33-14-94
md_url: https://georgiacommons.org/code/33-14-94.md
text_url: https://georgiacommons.org/code/33-14-94/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t33-ch1-22-(v24)-2020-pdf.pdf?sfvrsn=a873240d_0#page=704
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/33-14.md
previous: https://georgiacommons.org/code/33-14-93.md
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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: INSURANCE / DOMESTIC STOCK AND MUTUAL INSURERS / INSIDER TRADING OF DOMESTIC STOCK INSURER EQUITY SECURITIES
---

# O.C.G.A. § 33-14-94. Sales by dealers in ordinary course of business and incident to establishment or maintenance of primary or secondary market exempted from article.

Code Section 33-14-92 shall not apply to any purchase and sale, or sale and purchase, and Code Section 33-14-93 shall not apply to any sale of an equity security of a domestic stock insurer not then or theretofore held by him in an investment account by a dealer in the ordinary course of his business and incident to the establishment or maintenance by him of a primary or secondary market otherwise than on an exchange as defined in the Securities Exchange Act of 1934 for such security. The Commissioner may by any rules and regulations as he deems necessary or appropriate in the public interest define and prescribe terms and conditions with respect to securities held in an investment account and transactions made in the ordinary course of business and incident to the establishment or maintenance of a primary or secondary market.

## History

Code 1933, § 56-1604, enacted by Ga. L. 1965, p. 378, § 3.

## U.s. Code.

The Securities Exchange Act of 1934, referred to in this Code section, is codified as 15 U.S.C. § 78a et seq.