Georgia § 7-1-1122 Operations

Georgia Statutes

§ 7-1-1122 — Operations

Georgia § 7-1-1122

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This text of Georgia § 7-1-1122 (Operations) is published on Counsel Stack Legal Research, covering Georgia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

O.C.G.A. § 7-1-1122 (2026).

Text

A foreign bank with an out-of-state branch or agency may, with the approval of the department:

(1)Establish a Georgia state branch or Georgia state agency;

(2)Acquire or merge with another foreign bank maintaining a Georgia state branch or Georgia state agency and after the acquisition or merger continue the operations as its own; or (3) Acquire or establish a Georgia state branch or Georgia state agency through another means not inconsistent with 12 U.S.C. Section 3102 of the International Banking Act.

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A foreign bank with an out-of-state branch or agency may, with the approval of the department: (1) Establish a Georgia state branch or Georgia state agency; (2) Acquire or merge with another foreign bank maintaining a Georgia state branch or Georgia state agency and after the acquisition or merger continue the operations as its own; or (3) Acquire or establish a Georgia state branch or Georgia state agency through another means not inconsistent with 12 U.S.C. Section 3102 of the International Banking Act.