Section 14-9A-27. Liability for false statement in certificate


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  •    If the certificate required under Code Section 14-9A-20 contains a false statement, one who suffers loss by reliance on such statement may hold liable any party to the certificate who knew the statement to be false:

       (1) At the time he signed the certificate; or

       (2) Subsequently, but within a sufficient time before the statement was relied upon to enable him to cancel or amend the certificate or to file a petition for its cancellation or amendment as provided in subsection (c) of Code Section 14-9A-26.
Ga. L. 1952, p. 375, § 6; Code 1981, § 14-9-27; Code 1981, § 14-9A-27, as redesignated by Ga. L. 1988, p. 1016, § 1.