History. Code 1933, § 13-2025.1, enacted by Ga. L. 1965, p. 494, § 1; Ga. L. 1968, p. 1045, §§ 6, 7; Code 1933, § 41A-1910, enacted by Ga. L. 1974, p. 705, § 1; Ga. L. 2017, p. 193, § 11/HB 143; Ga. L. 2019, p. 828, § 12/HB 185.
The 2019 amendment, effective July 1, 2019, substituted “capital stock and unimpaired paid-in capital” for “capital stock, unimpaired paid-in capital, and appropriated retained earnings” near the end of subsection (b).
Cross references.
Order of payment of liabilities of financial institution which is liquidated or dissolved and whose assets are insufficient to pay in full all liabilities, § 7-1-202 .
Administrative rules and regulations.
Borrowed money, Official Compilation of the Rules and Regulations of the State of Georgia, Department of Banking and Finance, Banks, Chapter 80-1-9.
Structure Georgia Code
Chapter 1 - Financial Institutions
Article 2 - Banks and Trust Companies
§ 7-1-410. Minimum Capital Stock
§ 7-1-414. Purchase, Redemption, and Convertibility of Shares and Debt Securities
§ 7-1-415. Consideration for Shares
§ 7-1-417. Share Certificates and Debt Security Instruments
§ 7-1-418. Issuance and Transfer of Fractional Shares or Scrip