History. Code 1981, § 7-1-628.7 , enacted by Ga. L. 1996, p. 279, § 2; Ga. L. 2000, p. 174, § 17; Ga. L. 2020, p. 493, § 7/SB 429; Ga. L. 2021, p. 323, § 24/HB 111.
The 2020 amendment, effective July 29, 2020, part of an Act to revise, modernize, and correct the Code, revised punctuation in subsection (g).
The 2021 amendment, effective July 1, 2021, deleted “and in accordance with safe and sound banking practices” following “state” at the end of the first sentence in subsection (a); and deleted “the primary responsibility of the home state regulator with respect to” following “corporate governance matters and” near the end of subsection (g).
Code Commission notes.
Pursuant to Code Section 28-9-5, in 1996, “chapter” was substituted for “title” in the second sentence of subsection (a) and the designations “(1)” and “(2)” were substituted for “(i)” and “(ii)” in subsection (b).
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