Staff Analysis of the Legislation
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HB 78 amends section 10-5-2 of the OCGA by allowing court costs to be collected by the purchaser in a civil liabilities case involving securities. Also, before selling a federally covered
security in Georgia the seller must have a notice of filing and a copy of a
federal registration statement filed with the SEC, a consent to service of
process and must pay a fee of $250.00. |
