Legal Opinion
Dunwoody Country Club of Atlanta, Inc. v. Fortson
Supreme Court of Georgia
Decided February 27, 1979No. 34446PublishedCited by 21 opinions
1Opinion of the Court
Hall, Justice.
Appellant Dunwoody Country Club sought a declaratory judgment that its redeemable membership certificates were not securities within the meaning of Code Ann. § 97-102 (a) (16) or that Code Ann. § 97-102 (a) (16) was unconstitutionally vague and overbroad. The trial court ruled that Dunwoody issued certificates of indebtedness which were securities and were subject to the registration requirements of Code Ann. § 97-105. We reverse.
Dunwoody Country Club is a non-profit corporation operated by its members through an elected board of governors. Dunwoody recently attempted to change…
2Cases cited9 opinions
- Securities and Exchange Commission v. W. J. Howey Co.Supreme Court of the United States · 1946
- United Housing Foundation, Inc. v. FormanSupreme Court of the United States · 1975
- Tcherepnin v. KnightSupreme Court of the United States · 1967
- Silver Hills Country Club v. SobieskiCalifornia Supreme Court · 1961
- State Ex Rel. Healy v. Consumer Business System, Inc.Court of Appeals of Oregon · 1971
4 more not listed; retrieve them via the Exa API.
3Cited by21 opinions
- All Seasons Resorts, Inc. v. AbramsNew York Court of Appeals · 1986
- Redmond v. BlauCourt of Appeals of Georgia · 1980
- Tech Resources, Inc. v. Estate of HubbardSupreme Court of Georgia · 1980
- Cushing v. CohenCourt of Appeals of Georgia · 2013
- Mosley v. StateCourt of Appeals of Georgia · 2002
16 more not listed; retrieve them via the Exa API.