Georgia Code
Part 3 - Operations of Department of Banking and Finance
§ 7-1-75. Discretion of Department

Whenever in this chapter the department is authorized but not required to take any action, the taking of such action shall be within the discretion of the commissioner or his duly authorized deputy. The department shall not be required to grant opportunity for hearing except where such hearing is specifically required by this chapter or Chapter 13 of Title 50, the “Georgia Administrative Procedure Act.” The department shall maintain accurate memoranda or transcripts of all hearings conducted by the department pursuant to this Code section.
History. Code 1933, § 41A-316, enacted by Ga. L. 1974, p. 705, § 1.

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