History. Code 1981, § 7-1-628.6 , enacted by Ga. L. 1996, p. 279, § 2; Ga. L. 1999, p. 674, § 25; Ga. L. 2001, p. 970, § 8; Ga. L. 2016, p. 390, § 2-24/HB 811; Ga. L. 2020, p. 320, § 9/HB 781.
The 2020 amendment, effective January 1, 2021, deleted the former last two sentences of subsection (c), which read: “Notification to the department from the bank is required at the same time as the application is made to the federal regulator. A letter describing the transaction shall constitute the required notification and may be written and sent by the bank or the home state regulator.”
Law reviews.
For article, “Business Associations,” see 53 Mercer L. Rev. 109 (2001).
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