Georgia § 10-5-34 - Registration requirements for federal covered investment advisers.
Full text of Georgia Official Code of Georgia Annotated § 10-5-34 — Registration requirements for federal covered investment advisers., with citation guidance and answers to common questions.
§ 10-5-34. Registration requirements for federal covered investment advisers.
Except with respect to a federal covered investment adviser described in subsection (b) of this Code section, it is unlawful for a federal covered investment adviser to transact business in this state as a federal covered investment adviser unless the federal covered investment adviser complies with subsection (c) of this Code section. The following federal covered investment advisers are not required to comply with subsection (c) of this Code section: A federal covered investment adviser without a place of business in this state if its only clients in this state are: Federal covered investment advisers, investment advisers registered under this chapter, and broker-dealers registered under this chapter; Institutional investors; Bona fide preexisting clients whose principal places of residence are not in this state; or Other clients specified by rule adopted or order issued under this chapter; A federal covered investment adviser without a place of business in this state if the person has had, during the preceding 12 months, not more than five clients that are resident in this state in addition to those specified under paragraph (1) of this subsection; and Any other person excluded by rule adopted or order issued under this chapter. A person acting as a federal covered investment adviser, not excluded under subsection (b) of this Code section, shall file a notice, a consent to service of process complying with Code Section 10-5-80 and such records as have been filed with the Securities and Exchange Commission under the Investment Advisers Act of 1940, 15 U.S.C. Section 80b-1, et seq., required by rule adopted or order issued under this chapter and pay the fees specified in subsection (e) of Code Section 10-5-39. The notice under subsection (c) of this Code section becomes effective upon its filing. (Code 1981, § 10-5-34 , enacted by Ga. L. 2008, p. 381, § 1/SB 358.) Law reviews. - For article, "The Georgia Uniform Securities Act of 2008: An Analysis of Significant Changes to Georgia's Blue Sky Law," see 14 (No. 6) Ga. St. B. J. 18 (2009).
Source: official Georgia text · Last verified 2026-08-27
Frequently Asked Questions About Georgia § 10-5-34
What does Official Code of Georgia Annotated § 10-5-34 cover?
Section 10-5-34 ("Registration requirements for federal covered investment advisers.") 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 § 10-5-34?
A common citation format is "Official Code of Georgia Annotated § 10-5-34" (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 § 10-5-34 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.