Georgia § 7-1-593 Notice of representative office closure; review of operations

Georgia Statutes

§ 7-1-593 — Notice of representative office closure; review of operations

Georgia § 7-1-593

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This text of Georgia § 7-1-593 (Notice of representative office closure; review of 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. § 7-1-593 (2026).

Text

(a)Prior to closing a representative office, a bank, bank holding company, or a subsidiary of a bank or bank holding company shall post notice of the closing as required by Code Section 7-1-110.1 .

(b)The department may review the operations of any representative office annually or at such greater frequency as it deems necessary to assure that the office does not transact a banking business.

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Legislative History

Amended by 2022 Ga. Laws 748,§ 14, eff. 7/1/2022. Amended by 2020 Ga. Laws 492,§ 6, eff. 1/1/2021. Amended by 2016 Ga. Laws 450,§ 2-10, eff. 7/1/2016.