History. Code 1933, § 41A-1002, enacted by Ga. L. 1980, p. 1076, § 1; Ga. L. 2022, p. 220, § 4/HB 891.
The 2022 amendment, effective July 1, 2022, rewrote the second sentence in subsection (b), which read: “If the department does not issue a notice disapproving the proposed acquisition within that time or extend the period during which a disapproval may issue for another 30 days, the proposed acquisition shall stand approved.”.
Cross references.
Time for giving notice to department of change in control of bank or trust company resulting from change in ownership of or right to vote outstanding shares of the bank or trust company, § 7-1-236 .
Structure Georgia Code