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. Code 1981, § 7-1-954 , enacted by Ga. L. 1988, p. 804, § 1.
Structure Georgia Code
Chapter 1 - Financial Institutions
Article 12 - Small Minority Business Development Corporations
§ 7-1-942. Approval of Articles by Department
§ 7-1-943. Standards for Approval of Articles by Department; Timing
§ 7-1-944. Filing Departmental Approval With Secretary of State
§ 7-1-946. Bond and Stock Holding Authority; Member Loans to Corporation Not Discriminatory
§ 7-1-947. Application for Membership; Requirements for Loans to Corporation; Member Loan Limits
§ 7-1-948. Duration of Membership; Withdrawal
§ 7-1-949. Powers of Shareholders and Members
§ 7-1-950. Amendment of Articles
§ 7-1-951. Board of Directors; Officers and Agents
§ 7-1-952. Setting Apart Net Earnings; Fiscal Year
§ 7-1-953. Deposit of Corporate Funds
§ 7-1-954. Departmental Power Over Corporations
§ 7-1-956. Duration of Corporation; Dissolution
§ 7-1-957. State Indebtedness Not to Be Created
§ 7-1-958. Tax Exemptions, Credits, and Privileges; Occupational License Taxes