Georgia Code
Title 7 - Banking and Finance
Chapter 9 - Georgia Merchant Acquirer Limited Purpose Bank

§ 7-9-1. Short Title - This chapter shall be known and may be cited as...

§ 7-9-2. Definitions - As used in this chapter, the term: (1.1) “Control person”...

§ 7-9-3. Chartering of Merchant Acquirer Limited Purpose Banks; Regulation Limited - A corporation that performs merchant acquiring activities or settlement activities...

§ 7-9-4. Application; Fees; Minimum Number of Employees - History. Code 1981, § 7-9-4 , enacted by Ga. L....

§ 7-9-5. Articles of Incorporation; Filing; Publication; Registered Agent; Administration by Board of Directors - An application for a charter to operate as a merchant...

§ 7-9-5.1. Meetings - History. Code 1981, § 7-9-5.1 , enacted by Ga. L....

§ 7-9-5.2. Bylaws - The board of directors shall have the power to adopt,...

§ 7-9-5.3. Merchant Acquirer Limited Purpose Bank - History. Code 1981, § 7-9-5.3 , enacted by Ga. L....

§ 7-9-5.4. Oath of Office; Administration of Affairs - History. Code 1981, § 7-9-5.4 , enacted by Ga. L....

§ 7-9-6. Information to Be Included on Charter Application - History. Code 1981, § 7-9-6 , enacted by Ga. L....

§ 7-9-7. Investigation; Approval or Disapproval of Charter Application; “Conviction Data” Defined; Background Checks; Impact of Disapproval - History. Code 1981, § 7-9-7 , enacted by Ga. L....

§ 7-9-8. Issuance of Certificate of Incorporation by Secretary of State - The Secretary of State shall immediately issue a certificate of...

§ 7-9-9. Corporate Existence; Shareholders; Authority to Regulate and Supervise Sale of Shares; Legal Effect of Incorporation Certificate; When Business May Begin - History. Code 1981, § 7-9-9 , enacted by Ga. L....

§ 7-9-10. Liability of Applicant Beginning Business Before Authorized - The applicant who charters a merchant acquirer limited purpose bank...

§ 7-9-11. Capital Stock and Paid-in Surplus Requirements - A merchant acquirer limited purpose bank shall at all times...

§ 7-9-11.1. Merger or Consolidation of Limited Purpose Bank; Compliance With Provisions of Chapter 9 - History. Code 1981, § 7-9-11.1 , enacted by Ga. L....

§ 7-9-11.2. Terms and Conditions of Merger or Consolidation - History. Code 1981, § 7-9-11.2 , enacted by Ga. L....

§ 7-9-11.3. Notice of Merger or Consolidation; Filing - History. Code 1981, § 7-9-11.3 , enacted by Ga. L....

§ 7-9-11.4. Parties to Merger or Consolidation Plan to File Application; Requirements - In addition to the filing of articles of merger and...

§ 7-9-11.5. Investigation of Merger or Consolidation Plan; Approval or Disapproval - History. Code 1981, § 7-9-11.5 , enacted by Ga. L....

§ 7-9-11.6. Issuance of Certificate of Merger or Consolidation - Upon payment of all required taxes, fees, and charges, the...

§ 7-9-11.7. Certificate Effective Upon Issuance by Secretary of State; Evidence of Satisfactory Performance; Effect of Merger - History. Code 1981, § 7-9-11.7 , enacted by Ga. L....

§ 7-9-11.8. Rights and Remedies of Shareholders - History. Code 1981, § 7-9-11.8 , enacted by Ga. L....

§ 7-9-12. Limitations on Depositors and Deposit-Taking Activities; Deposit Insurance; Self-Acquiring Activities Not Permitted - History. Code 1981, § 7-9-12 , enacted by Ga. L....

§ 7-9-12.1. Treatment of Merchant Funds - History. Code 1981, § 7-9-12.1 , enacted by Ga. L....

§ 7-9-13. Enforcement by Department; Rules and Regulations - History. Code 1981, § 7-9-13 , enacted by Ga. L....