Issuance of a certificate of conversion shall have the following effect:
History. Ga. L. 1953, Jan.-Feb. Sess., p. 73, §§ 7, 12; Code 1933, § 41A-2506, enacted by Ga. L. 1974, p. 705, § 1; Ga. L. 1998, p. 795, § 25; Ga. L. 2000, p. 174, § 12; Ga. L. 2001, p. 970, § 7; Ga. L. 2021, p. 323, § 17/HB 111.
The 2021 amendment, effective July 1, 2021, deleted former subsection (a), which read: “Issuance of a certificate of merger or consolidation shall have the same effect stated in Code Section 7-1-536.”; deleted the former subsection (b) designation; and substituted “national bank to a state bank” for “national bank into a state bank” in paragraph (2).
Structure Georgia Code
Chapter 1 - Financial Institutions
Article 2 - Banks and Trust Companies
Part 15 - Conversions, Mergers, and Consolidations Involving National Banks
§ 7-1-550. Authority for National Bank or Federal Savings Bank Conversions; Requirements
§ 7-1-551. National Bank to State Bank or Trust Company Conversions — Articles of Conversion
§ 7-1-552. National Bank to State Bank or Trust Company Conversions — Filings With Department
§ 7-1-556. State Bank or Trust Company to National Bank or Federal Savings Institution Conversions