Georgia Statutes

§ 7-1-777 — Principal and branch offices

Georgia·Title 7
No savings and loan association or similar corporation existing under the laws of this state or of the United States shall accept deposits in this state except on the premises of an established principal office or branch office operated pursuant to this article. For the purposes of this Code section, the term "branch office" means any office of such association or corporation which is intended to be permanently established in a fixed location and to be operated at such location on substantially a full-time basis.

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Legislative History

Amended by 2024 Ga. Laws 701,§ 1, eff. 7/1/2024. Amended by 2016 Ga. Laws 450,§ 7-4, eff. 7/1/2016.

Nearby Sections

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