The department shall exercise the same power and authority over corporations organized under this article as is now or hereafter exercised over banks and trust companies by Articles 1 and 2 of this chapter where such law is not in conflict with this chapter.
History. Ga. L. 1972, p. 798, § 14; Ga. L. 1973, p. 536, § 3; Code 1933, § 41A-3415, enacted by Ga. L. 1974, p. 705, § 1.
Structure Georgia Code
Chapter 1 - Financial Institutions
Article 6 - Business Development Corporations
§ 7-1-741. Contents, Execution, and Presentation of Articles
§ 7-1-742. Action on Articles by Department; Preconditions to Doing Business
§ 7-1-743. Approval or Disapproval of Department
§ 7-1-745. Powers of Corporation
§ 7-1-746. Right to Deal in Corporation’s Stock or Obligations
§ 7-1-747. Applying for Membership; Loans by Members
§ 7-1-748. Duration of Membership; Withdrawal
§ 7-1-749. Powers of Shareholders and Members; Voting
§ 7-1-750. Amendment of Articles
§ 7-1-751. Board of Directors; Officers and Agents
§ 7-1-752. Earned Surplus; Fiscal Year
§ 7-1-753. Deposit of Corporate Funds; Corporation Not to Accept Deposits
§ 7-1-755. First Meeting and Organization
§ 7-1-756. Duration and Dissolution of Corporation
§ 7-1-757. State Credit Not Pledged
§ 7-1-758. Tax Exemptions; State and Local Occupational License Taxes