History. Ga. L. 1919, p. 135, art. 19, §§ 20, 23; Ga. L. 1924, p. 76, § 1; Ga. L. 1927, p. 195, § 10; Code 1933, §§ 13-2017, 13-2023; Ga. L. 1946, p. 65, § 1; Ga. L. 1947, p. 501, § 1; Ga. L. 1950, p. 18, § 1; Ga. L. 1951, p. 284, § 1; Ga. L. 1953, Nov.-Dec. Sess., p. 328, § 1; Ga. L. 1957, p. 275, § 1; Ga. L. 1958, p. 133, § 1; Ga. L. 1959, p. 238, § 1; Ga. L. 1959, p. 328, § 1; Ga. L. 1962, p. 95, § 1; Ga. L. 1965, p. 523, § 1; Code 1933, § 13-2023.1, enacted by Ga. L. 1968, p. 1042, § 1; Ga. L. 1968, p. 1162, § 1; Ga. L. 1969, p. 976, § 1; Ga. L. 1972, p. 798, § 6; Code 1933, § 41A-1309, enacted by Ga. L. 1974, p. 705, § 1; Ga. L. 1975, p. 445, § 19; Ga. L. 1977, p. 730, § 3; Ga. L. 1979, p. 953, § 1; Ga. L. 1983, p. 602, § 7; Ga. L. 1984, p. 22, § 7; Ga. L. 1987, p. 1586, § 4; Ga. L. 1989, p. 1249, § 6; Ga. L. 1995, p. 673, § 13; Ga. L. 1996, p. 6, § 7; Ga. L. 1997, p. 143, § 7; Ga. L. 1997, p. 485, § 12; Ga. L. 1999, p. 674, § 6; Ga. L. 2000, p. 174, § 8; Ga. L. 2001, p. 970, § 3; Ga. L. 2002, p. 1220, § 5; Ga. L. 2005, p. 826, § 7/SB 82; 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 such investment” for “provided such investment” in the middle of paragraph (d)(3).
Code Commission notes.
Pursuant to Code Section 28-9-5, in 2001, “subparagraphs (c)(2)(D) through (c)(2)(G)” was substituted for “subparagraphs (D) through (G)” in subsection (e).
U.S. Code.
Section 25(a) of the Federal Reserve Act, referred to in subsection (c)(2)(E)(i) of this Code section, is codified as 12 U.S.C. § 611 et seq.
Administrative rules and regulations.
Investment securities, Official Compilation of the Rules and Regulations of the State of Georgia, Department of Banking and Finance, Banks, Chapter 80-1-4.
Law reviews.
For article, “Business Associations,” see 53 Mercer L. Rev. 109 (2001).
Structure Georgia Code
Chapter 1 - Financial Institutions
Article 2 - Banks and Trust Companies
§ 7-1-280. Major Banking Powers
§ 7-1-281. Participation in Federal Programs
§ 7-1-282. Direct Leasing of Personal and Real Property
§ 7-1-285. Limits on Obligations of One Person or Corporation
§ 7-1-286. Real Estate Loans; Acquisition by Bank or Trust Company of Ownership Interest
§ 7-1-287. Dealings in Securities; Conflicts of Interest; Divestiture and Fines
§ 7-1-288. Corporate Stock and Securities
§ 7-1-289. Security for Deposits
§ 7-1-290. Powers as Surety or Guarantor
§ 7-1-293. Savings Banks and State Savings and Loan Associations
§ 7-1-294. Transaction of Business on Holidays and Outside of Banking Hours
§ 7-1-295. Transaction Fees Charged by Operators of Automated Teller Machines