Notwithstanding any other provisions of this part to the contrary, any bank or trust company which does not exercise trust powers as provided in this chapter, whether or not such powers have been incorporated into its articles, may, with the consent of the department, contract with any bank or trust company exercising trust powers to provide for the latter bank or trust company to offer trust services through the branches and offices of the former bank or trust company.
History. Code 1981, § 7-1-612 , enacted by Ga. L. 1983, p. 602, § 16; Ga. L. 1986, p. 1244, § 2.
Structure Georgia Code
Chapter 1 - Financial Institutions
Article 2 - Banks and Trust Companies
Part 18 - Bank Branches, Offices, Facilities, and Holding Companies
§ 7-1-602. Applications for Branch Offices
§ 7-1-604. Banking Business Prohibited Except as Allowed by Title 7 or Applicable Federal Law
§ 7-1-605. Bank Holding Companies — Definitions; When Company Deemed to Control Shares
§ 7-1-609. Civil Actions by Department to Enforce Part
§ 7-1-610. National Bank Rights
§ 7-1-611. Penalties for Violations
§ 7-1-612. Power of Banks to Contract With Other Banks for Trust Services