Georgia § 33-14-93 - Unlawful sales of securities.
Full text of Georgia Official Code of Georgia Annotated § 33-14-93 — Unlawful sales of securities., with citation guidance and answers to common questions.
§ 33-14-93. Unlawful sales of securities.
It shall be unlawful for any beneficial owner, director, or officer directly or indirectly to sell any equity security of such insurer if the person selling the security or his principal: Does not own the security sold; If owning the security, does not deliver it against such sale within 20 days thereafter; or Does not within five days after the sale deposit it in the mails or other usual channels of transportation; but no person shall be deemed to have violated this Code section if he proves that notwithstanding the exercise of good faith he was unable to make the delivery or deposit within that time or that to do so would cause undue inconvenience or expense. (Code 1933, § 56-1603, enacted by Ga. L. 1965, p. 378, § 3.)
Source: official Georgia text · Last verified 2026-08-27
Frequently Asked Questions About Georgia § 33-14-93
What does Official Code of Georgia Annotated § 33-14-93 cover?
Section 33-14-93 ("Unlawful sales of securities.") 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 § 33-14-93?
A common citation format is "Official Code of Georgia Annotated § 33-14-93" (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 § 33-14-93 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.