Rule 590-9-5-.01 - Untrue and Misleading Statements Prohibited; Misrepresentations and Omissions Prohibited(1) No person shall, in connection with any proceeding under the Georgia Charitable Solicitations Act of 1988, make or cause to be made to the Secretary of State or anyone acting in his behalf, any written or oral statement which the person knows to contain any untrue statement of material fact or omits to state a material fact necessary in order to make the statements made, in light of the circumstances under which they were made, not misleading.(2) No person shall file, execute or sign any application or registration or document prepared for inclusion in an application of registration under the Georgia Charitable Solicitations Act of 1988 which the person knows or in the exercise of reasonable diligence could know, contains any untrue statement of material fact or omits to state a material fact necessary to make the statements made, in light of the circumstances in which they were made, not misleading.(3) No person shall, in connection with the planning, conduct, or execution of any charitable solicitation or charitable sales promotion, directly or indirectly make an untrue statement of a material fact or omit to state a material fact necessary in order to make the statements made, in the light of the circumstances under which they are made, not misleading.Ga. Comp. R. & Regs. R. 590-9-5-.01
O.C.G.A. Secs. 43-17-9, 43-17-10, 43-17-12.
Original Rule entitled "Multi-Level Organizations" adopted as ER. 590-9-5-0.16-.01. F. and eff. July 1, 1988, the date of adoption.Amended: Permanent Rule of same title adopted. F. Oct. 7, 1988; eff. Nov. 1, 1988, as specified by the Agency.Repealed: New Rule entitled "Untrue and Misleading Statements Prohibited; Misrepresentations and Omissions Prohibited" adopted. F. Feb. 26, 2004; eff. Mar. 17, 2004.