Georgia Securities Act, Rules and Orders
The Georgia Uniform Securities Act
The Georgia Uniform Securities Act became effective on July 1, 2009 and is administered by the Georgia Securities Commissioner. The Act is divided into seven articles that are augmented by the rules and orders promulgated by the Georgia Securities Commissioner.
The Georgia Uniform Securities Act
The Securities Act is found under Title 10, Chapter 5 of the Official Code of Georgia.
Rules promulgated pursuant to the Act:
Rules are enacted by the Georgia Securities Commissioner and are currently maintained by the Georgia Archives.
- Georgia Securities Rules
- Notice of Proposed Rules Amendment - Proposed rules will be posted in the Notice of Proposed Rules section immediately below.
Notice Of Proposed Rules
There are currently no proposed rules open for consideration.
Securities Orders
Groundfloor Properties GA, LLC – March 31, 2015
Groundfloor Properties GA, LLC – August 18, 2015
Piedmont Bancorp, Inc. – July 26, 2017
Morris State Bancshares, Inc. - March 26, 2019
CCF Holding Company – June 5, 2019
First Chatsworth Bankshares, Inc. - July 17, 2019
Pinnacle Financial Corporation – February 17, 2020
Georgia Banking Company, Inc. – March 11, 2022
Waiver/Variance Request promulgated pursuant to the Act
Relief Orders
The current outbreak of coronavirus disease 2019 (COVID-19) was first reported on December 31, 2019 in Wuhan, China. The disease has led to disruptions to everyday life including the imposition of quarantines around the world, which may limit individuals’ access to facilities, personnel, and third party service providers. The Commissioner of Securities recognizes that, in these circumstances, COVID-19 poses potential challenges to registrants in meeting certain requirements under the Georgia Uniform Securities Act of 2008 and rules promulgated thereunder. To ease the burden on registrants, the Commissioner finds that the following Orders are in the public interest:
Order Implementing Filing Requirements in Response to Covid-19
Order In Response to Covid - 8.28.2020
Implementation Orders
Implementation Orders are issued by the Georgia Securities Commissioner and are maintained by the Securities Division. Please note that all Implementation Orders prior to Implementation Order 2011-04, dated December 8, 2011, have been vacated.
2010-05 Investment Advisers - Registration Exemptions
2010-04 Investment Advisers - Exclusion from Solicitor Definition
2010-03 Investment Advisers - Registration Exemptions (superseded by IO-2010-05)
2010-02 Securities - Recognition of Manual Exemptions
2010-01 Securities - Recognition of Manual Exemptions (superseded by IO-2010-02)
2009-14 Investment Advisers - Registration Exemptions (See also IO 2010-02)
2009-13 Regulations D Notice Filings
2009-12 Plan Administrators - Exclusion from Broker-Dealer Definition
2009-11 Investment Advisers and Representatives - Examination Requirements
2009-10 Broker-Dealer Agents - Examination Requirements
2009-09 Securities Registration Filing Fees
2009-08 CRD Payment Requirements
2009-07 Federal Covered Investment Advisers - Notice Filings
2009-06 Investment Advisers Post-registration Requirements
2009-05 Broker-Dealer Post-registration Requirements
2009-03 Federal Covered Securities - Notice Filings
2009-02 Broker-Dealers - Registration Exemptions
2009-01 Investment Advisers - Registration Exemptions (See also IO 2009-14 and IO 2010-02)