Georgia § 44-3-177 Exemption from other state laws requiring registration and public offering statements

Georgia Statutes

§ 44-3-177 — Exemption from other state laws requiring registration and public offering statements

Georgia § 44-3-177

Title44

This text of Georgia § 44-3-177 (Exemption from other state laws requiring registration and public offering statements) is published on Counsel Stack Legal Research, covering Georgia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

O.C.G.A. § 44-3-177 (2026).

Text

(a)Any time-share program registered under this article in which a public offering statement has been prepared shall not require registration under any of the following:

(1)Article 1 of this chapter;

(2)Chapter 5 of Title 10; or (3) Any other state law which requires the preparation of a public offering statement or substantially similar document for distribution to purchasers.

(b)Any time-share program registered under this article that fails to restrict the price at which an owner may sell or exchange such owner's time-share interval shall not by virtue of such failure cause the time-share interval to become a security under Chapter 5 of Title 10; nor shall an exchange program offering such a time-share interval for exchange be construed to be offering a security under Chapter 5 of T

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(a) Any time-share program registered under this article in which a public offering statement has been prepared shall not require registration under any of the following: (1) Article 1 of this chapter; (2) Chapter 5 of Title 10; or (3) Any other state law which requires the preparation of a public offering statement or substantially similar document for distribution to purchasers. (b) Any time-share program registered under this article that fails to restrict the price at which an owner may sell or exchange such owner's time-share interval shall not by virtue of such failure cause the time-share interval to become a security under Chapter 5 of Title 10; nor shall an exchange program offering such a time-share interval for exchange be construed to be offering a security under Chapter 5 of Title 10.