Without limitation on the authority conferred by Article 1 of this chapter, the department shall have authority to adopt and issue reasonable and uniform rules and regulations to govern the conduct and management of all fiduciary investment companies. The department shall not examine fiduciary investment companies subject to regular examination by the comptroller of the currency of the United States or the Board of Governors of the Federal Reserve System but shall otherwise have full power to examine fiduciary investment companies and enforce laws concerning them as though they were financial institutions.
History. Ga. L. 1970, p. 515, § 6; Ga. L. 1973, p. 549, § 5; Code 1933, § 41A-1506, enacted by Ga. L. 1974, p. 705, § 1.
Structure Georgia Code
Chapter 1 - Financial Institutions
Article 2 - Banks and Trust Companies
Part 5 - Fiduciary Investment Companies
§ 7-1-331. Organization; Approval by Department
§ 7-1-333. Limitations on Investments
§ 7-1-334. Corporate Powers; Limitations and Restrictions
§ 7-1-335. Rules and Regulations; Examinations
§ 7-1-336. Advertisement of Participation; Financial Reports