Georgia § 10-1-593 - Conditions of licensure; bonds.
Full text of Georgia Official Code of Georgia Annotated § 10-1-593 — Conditions of licensure; bonds., with citation guidance and answers to common questions.
§ 10-1-593. Conditions of licensure; bonds.
As a condition to the issuance or retention of a license required by this article, each buying service or club shall: Comply with such reasonable conditions for the issuance of a license as may be required by the Attorney General pursuant to this article; Maintain a bond in the amount of $25,000.00 with a surety company duly authorized to do business in this state or post a cash bond in such amount, payable to the Governor; in either case, such bond shall be for the use and benefit of any person who has entered into a contract for membership in a buying service or club. Such bond shall be conditioned to pay all losses, damages, and expenses that may be sustained by such member by reason of any fraudulent misrepresentation or by reason of any breach of contract by the club; and Furnish, if the buying service or club operates buying service activities at more than one physical location in this state, a surety bond for each location of buying service activity, each bond to be in the amount and subject to the conditions stated in paragraph (2) of this Code section. (Ga. L. 1975, p. 529, § 4; Ga. L. 1979, p. 643, § 2; Ga. L. 1982, p. 1073, §§ 2, 4; Ga. L. 1984, p. 22, § 10; Ga. L. 2015, p. 1088, § 6/SB 148; Ga. L. 2017, p. 774, § 10/HB 323.) The 2015 amendment, effective July 1, 2015, substituted "Attorney General" for "administrator" in paragraph (1). The 2017 amendment, effective May 9, 2017, part of an Act to revise, modernize, and correct the Code, substituted "payable to the Governor;" for "payable to the Governor of this state;" near the beginning of paragraph (2).
Source: official Georgia text · Last verified 2026-08-27
Frequently Asked Questions About Georgia § 10-1-593
What does Official Code of Georgia Annotated § 10-1-593 cover?
Section 10-1-593 ("Conditions of licensure; bonds.") is part of the Official Code of Georgia Annotated, the codified statutory law of Georgia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Georgia § 10-1-593?
A common citation format is "Official Code of Georgia Annotated § 10-1-593" (Georgia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Georgia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Georgia official source linked on this page or consult a licensed Georgia attorney.
How does Georgia § 10-1-593 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Georgia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Georgia.