History. Code 1981, § 7-1-628.8 , enacted by Ga. L. 1996, p. 279, § 2; Ga. L. 1997, p. 485, § 24; Ga. L. 2002, p. 670, § 4; Ga. L. 2016, p. 390, § 2-25/HB 811; Ga. L. 2021, p. 323, § 25/HB 111.
The 2021 amendment, effective July 1, 2021, rewrote subsection (b), which read: “An out-of-state bank that does not have a branch in Georgia and that meets the requirements of this article may establish and maintain a de novo branch in this state to the extent that any Georgia bank could establish such a de novo branch.
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