Georgia Code
Part 3 - Powers of Banks
§ 7-1-286. Real Estate Loans; Acquisition by Bank or Trust Company of Ownership Interest

and there is documentation in the file setting forth the applicable facts to support reliance on this paragraph.
History. Ga. L. 1919, p. 135, art. 19, § 15; Code 1933, § 13-2015; Ga. L. 1937, p. 423, § 1; Ga. L. 1945, p. 208, § 1; Ga. L. 1959, p. 250, § 1; Ga. L. 1965, p. 281, § 1; Ga. L. 1972, p. 556, § 1; Code 1933, § 41A-1307, enacted by Ga. L. 1974, p. 705, § 1; Ga. L. 1975, p. 445, § 18; Ga. L. 1989, p. 1249, § 4; Ga. L. 1992, p. 6, § 7; Ga. L. 1998, p. 795, § 14; Ga. L. 2000, p. 174, § 7; Ga. L. 2001, p. 970, § 2; Ga. L. 2007, p. 502, § 2/SB 70; Ga. L. 2020, p. 493, § 7/SB 429.
The 2020 amendment, effective July 29, 2020, part of an Act to revise, modernize, and correct the Code, substituted “provided that:” for “provided:” at the end of the introductory language of subsection (d).
Code Commission notes.
Pursuant to Code Section 28-9-5, in 1989, “Any time” was substituted for “Anytime” at the beginning of paragraph (e)(4) (now (d)(4)).
Administrative rules and regulations.
Rules governing real estate loans, Official Compilation of the Rules and Regulations of the State of Georgia, Rules of Department of Banking and Finance, Rule 80-1-5.02.
Law reviews.
For article, “Business Associations,” see 53 Mercer L. Rev. 109 (2001).
For note, “Opportunity Costs: Nonjudicial Foreclosure and the Subprime Mortgage Crisis in Georgia,” see 25 Ga. St. U.L. Rev. 1205 (2009).

Structure Georgia Code