Georgia Statutes

§ 7-1-281 — Participation in federal programs

Georgia·Title 7

Any bank may:

(1)Become a member of the Federal Reserve System and conform to the rules and regulations of that system and the federal reserve bank of which it is a member;
(2)Become an insured bank pursuant to the Federal Deposit Insurance Act and take all action necessary to the maintenance of insured status thereunder;
(3)Apply for and obtain insurance on loans pursuant to national housing legislation.

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