Georgia § 7-1-1134 Denial or revocation of licensure

Georgia Statutes

§ 7-1-1134 — Denial or revocation of licensure

Georgia § 7-1-1134

Title7

This text of Georgia § 7-1-1134 (Denial or revocation of licensure) 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. § 7-1-1134 (2026).

Text

The department may deny an application for registration or revoke the registration of a representative office if the department by examination or other credible evidence finds that the foreign bank:

(1)Has refused to permit the department to examine the books, papers, accounts, records, or affairs of a Georgia state representative office in accordance with Code Sections 7-1-1102 and 7-1-1103 ;

(2)Has violated this article, another law or rule applicable to the foreign bank or a Georgia state representative office, or a final and enforceable order of the department;

(3)Has misrepresented or concealed a material fact in the original or subsequent registration applications;

(4)Has violated a condition of an agreement between the foreign bank and the department or other functional regulato

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The department may deny an application for registration or revoke the registration of a representative office if the department by examination or other credible evidence finds that the foreign bank: (1) Has refused to permit the department to examine the books, papers, accounts, records, or affairs of a Georgia state representative office in accordance with Code Sections 7-1-1102 and 7-1-1103 ; (2) Has violated this article, another law or rule applicable to the foreign bank or a Georgia state representative office, or a final and enforceable order of the department; (3) Has misrepresented or concealed a material fact in the original or subsequent registration applications; (4) Has violated a condition of an agreement between the foreign bank and the department or other functional regulatory agency; (5) Has had its authority or existence terminated or canceled in its jurisdiction of incorporation; or (6) Conducts business in an unsafe and unsound manner.