Georgia Code
Article 1 - Provisions Applicable to Department of Banking and Finance and Financial Institutions Generally
Part 7 - Receivership Powers and Procedures Generally

§ 7-1-150. Taking of Possession by Department; Cumulative Remedies - History. Ga. L. 1919, p. 135, art. 7, § 1;...

§ 7-1-151. Status of Department as Receiver; Restrictions on Appointment - History. Code 1933, § 41A-702, enacted by Ga. L. 1974,...

§ 7-1-152. General Assignment Prohibited; Taking of Possession Upon Request - No financial institution shall make a general assignment of its...

§ 7-1-153. Posting of Notice of Taking Possession - The department, upon taking possession of the business and property...

§ 7-1-154. Certificate of Possession; Naming Deputy Receiver - The department shall immediately after taking possession file with the...

§ 7-1-155. Injunction to Restrain Department - Any financial institution of whose business or property the department...

§ 7-1-156. Supervision of Department by Court - History. Ga. L. 1927, p. 195, § 15-A; Code 1933,...

§ 7-1-157. General Powers of Department in Possession - History. Ga. L. 1919, p. 135, art. 7, § 3;...

§ 7-1-158. Appointment of Deputy Receivers, Counsel, and Other Assistants - The department may appoint one or more official agents, to...

§ 7-1-159. Suspension or Continuation of Business - The department is authorized, upon taking possession of the business...

§ 7-1-160. Determination to Liquidate; Filing of Supplemental Certificate - The department shall, within six months after the date on...

§ 7-1-161. Powers and Duties of Department Before and After Determination to Liquidate - Except where otherwise specifically provided, all powers and duties granted...

§ 7-1-162. Inventory and Appraisement - History. Ga. L. 1919, p. 135, art. 7, § 12;...

§ 7-1-163. Notice to Holders of Assets; Power of Court to Order Transfer - History. Ga. L. 1919, p. 135, art. 7, § 5;...

§ 7-1-164. Power of Department to Borrow Money - The department may, without leave of court, borrow money from...

§ 7-1-165. Surrender of Burdensome Assets - The department may, with leave of court, surrender to the...

§ 7-1-166. Compromise of Claims; Extension of Mortgages or Notes - History. Ga. L. 1919, p. 135, art. 7, § 7;...

§ 7-1-167. Payment of Mortgages and Liens; Protection of Equities - The department may, with leave of court, pay off all...

§ 7-1-168. Sales of Real Property - The department may, with leave of and upon the terms...

§ 7-1-169. Leases of Property - The department may, without leave of court, enter into leases...

§ 7-1-170. Sales or Exchanges of Securities; Sales of Liens or Personal Property - any personal property which belongs to the financial institution in...

§ 7-1-171. Deposit of Moneys by Department - All moneys received by the department as receiver of a...

§ 7-1-172. Disposition of Property in Safe-Deposit Vault or Held for Safekeeping - History. Code 1933, § 41A-723, enacted by Ga. L. 1974,...

§ 7-1-173. Bringing or Defending Actions - History. Ga. L. 1922, p. 63, § 1; Code 1933,...

§ 7-1-174. Surrender of Possession by Department Prior to Final Liquidation; Special Liquidations and Reorganizations - History. Code 1933, § 41A-725, enacted by Ga. L. 1974,...

§ 7-1-175. Ability of Department to Reject Executory Contract or Lease of Financial Institution in Receivership - Within 180 days after the department takes possession of a...

§ 7-1-176. Sale of Assets of Financial Institution in Receivership - History. Code 1981, § 7-1-176 , enacted by Ga. L....