Definitions
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Law
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Georgia Code
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Commerce and Trade
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Selling and Other Trade Practices
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Below Cost Sales
- Definitions
As used in this article, the term:
- "Person" means an individual, partnership, association, corporation, joint-stock company, or business trust.
- "Product" means octane or cetane rated fuels for use in the propulsion of motor vehicles.
- "Purchase" includes any acceptance or receipt of product by a person from a related entity.
- "Related entity" of a person means any person who, directly or through an affiliated person, holds more than 50 percent of the assets or voting securities of such person.
- "Sale" or "to sell" includes any transfer or delivery of product to a person from a related entity.
(Code 1981, §10-1-251, enacted by Ga. L. 1985, p. 458, § 1.)
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