Georgia Code
Part 3 - Operations of Department of Banking and Finance
§ 7-1-71. Removal of Officers, Directors, or Employees

History. Ga. L. 1919, p. 135, art. 5, § 3; Code 1933, § 13-603; Code 1933, § 41A-312, enacted by Ga. L. 1974, p. 705, § 1; Ga. L. 1983, p. 602, § 1; Ga. L. 1995, p. 673, § 9; Ga. L. 1997, p. 485, § 7; Ga. L. 2005, p. 826, § 5/SB 82; Ga. L. 2006, p. 72, § 7/SB 465; Ga. L. 2018, p. 214, § 3/HB 780.
The 2018 amendment, effective May 3, 2018, inserted “or any financial institution’s affiliate regulated by the department” near the end of the second sentence of subsection (b). See Editor’s notes for applicability.
Editor’s notes.
Ga. L. 2018, p. 214, § 26(b)/HB 780, not codified by the General Assembly, provides that: “It is not the intent of the General Assembly to affect the law applicable to litigation pending as of March 9, 2018.

Structure Georgia Code

Georgia Code

Title 7 - Banking and Finance

Chapter 1 - Financial Institutions

Article 1 - Provisions Applicable to Department of Banking and Finance and Financial Institutions Generally

Part 3 - Operations of Department of Banking and Finance

§ 7-1-60. General Scope of Supervision

§ 7-1-61. Rules and Regulations

§ 7-1-61.1. Expansion of Power for Banks and Credit Unions; Role of Commissioner; Documentation to Legislative Committees

§ 7-1-62. Accounting Procedures

§ 7-1-63. Retention of Records

§ 7-1-64. Department Examinations and Investigations; Disclosure of Information or Prior Notice Regarding Examinations of Financial Institutions

§ 7-1-65. Examinations and Investigations on Request

§ 7-1-66. Method of Examination and Investigations; Special Examiners; Subpoenas

§ 7-1-67. Reports of Examinations

§ 7-1-68. Reports to Department; Penalty for Noncompliance

§ 7-1-69. Retention of Reports

§ 7-1-70. Disclosure of Information

§ 7-1-71. Removal of Officers, Directors, or Employees

§ 7-1-72. Regulation of Persons Performing Services for Financial Institutions

§ 7-1-73. Regulation of Affiliates

§ 7-1-74. Annual Report of Department

§ 7-1-75. Discretion of Department

§ 7-1-76. Department May Act After Time Limit Without Resubmittal; Withdrawal of Applications and Requests; Imposition of Conditions; Nullification

§ 7-1-77. Approval by Commissioner of State Rules and Regulations Affecting Financial Institutions

§ 7-1-78. Agreements With Other Supervisory or Regulatory Authorities

§ 7-1-79. Discretionary Expedited Approval Process; Considerations