Thayer v. State

Beasley, Judge.

Defendants, husband and wife, appeal their convictions on nine counts of violations of the Georgia Securities Act, OCGA § 10-5-12. Four counts involved violations of OCGA § 10-5-12 (a) (1) where in a series of transactions involving instruments constituting securities within the meaning of the law, defendants failed to comply with the registration statement requirements of OCGA § 10-5-5 as to securities which were not exempt under OCGA §§ 10-5-8 or 9. The fifth count involved defendant Thayer not being registered as a dealer or salesman under OCGA § 10-5-3. The remaining four…