Georgia Code
Part 15 - Conversions, Mergers, and Consolidations Involving National Banks
§ 7-1-556. State Bank or Trust Company to National Bank or Federal Savings Institution Conversions

History. Code 1933, §§ 13-1305, 13-1306, 13-1307, 13-1308, 13-1309, enacted by Ga. L. 1949, p. 536, § 1; Ga. L. 1953, Jan.-Feb. Sess., p. 67, § 1; Code 1933, § 41A-2507, enacted by Ga. L. 1974, p. 705, § 1; Ga. L. 1999, p. 674, § 15; Ga. L. 2021, p. 323, § 18/HB 111.
The 2021 amendment, effective July 1, 2021, substituted “convert to a national bank” for “convert into, or merge or consolidate with, a national bank” in subsection (a); deleted “, merger, or consolidation” following “plan of conversion” in paragraph (a)(2); in subsection (b), substituted “converts to a national bank” for “converts into or merges or consolidates with a national bank” in the introductory paragraph; deleted “, merger, or consolidation” following “conversion” in paragraphs (b)(1), (b)(2), and (b)(4); and, in subsection (c), substituted “Conversion of a state institution to a national banking” for “Conversion, merger, or consolidation of a state institution into a national banking” at the beginning of the first sentence, and substituted “Code section. Upon receipt of written confirmation from the department that the requirements of subsection (b) of this Code section have been satisfied, the institution’s articles” for “Code section, and its articles” near the middle of the former first sentence.

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