History. Code 1981, § 7-1-628 , enacted by Ga. L. 1996, p. 279, § 2; Ga. L. 1998, p. 128, § 7; Ga. L. 2016, p. 390, § 2-21/HB 811; Ga. L. 2021, p. 323, § 21/HB 111; Ga. L. 2022, p. 220, § 21/HB 891.
The 2021 amendment, effective July 1, 2021, deleted “15,” following “Parts 14,” near the end of subsection (a); and substituted “Part 14 of this article” for “Parts 14 and 15 of this article” at the end of the third sentence of subsection (b).
The 2022 amendment, effective July 1, 2022, deleted the former last sentence in subsection (b), which read: “Mergers involving banks having present and resulting branches located only in this state are governed by Part 14 of this article. To the extent a bank participating in an interstate merger transaction is owned or controlled by a bank holding company, the applicable provisions of Part 19 of this article shall also apply.”.
Code Commission notes.
Pursuant to Code Section 28-9-5, in 1996, a comma was added in three places in paragraph (c)(3).
Structure Georgia Code
Chapter 1 - Financial Institutions
Article 2 - Banks and Trust Companies
Part 20 - Interstate Banking and Branching by Merger
§ 7-1-628. Purpose and Scope of Part
§ 7-1-628.2. Mergers Permitted; Applicable Provisions
§ 7-1-628.3. Prohibited Interstate Merger Transactions
§ 7-1-628.4. Permissible Interstate Merger Transactions
§ 7-1-628.6. Powers of Out-of-State Banks Branching Into Georgia
§ 7-1-628.7. Examinations and Reports; Powers of Commissioner
§ 7-1-628.8. Restrictions on De Novo Branches
§ 7-1-628.10. Enforcement Actions by Commissioner
§ 7-1-628.11. Regulations; Administrative Fees
§ 7-1-628.12. Reporting by of Out-of-State Banks