Georgia Statutes

§ 7-1-781 — Conversion into savings and loan association

Georgia § 7-1-781

This text of Georgia § 7-1-781 (Conversion into savings and loan association) 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. § 7-1-781 (2026).

Text

Any other financial institution existing under the laws of this state doing a home financing business may convert itself into a savings and loan association in accordance with Section 5 of the Home Owners' Loan Act, 12 U.S.C. Section 1464 , upon a vote of 51 percent or more of the votes of the members cast at an annual meeting or at any special meeting called to consider such action.

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Related

§ 1464
12 U.S.C. § 1464

Legislative History

Amended by 2016 Ga. Laws 450,§ 7-17, eff. 7/1/2016.

Nearby Sections

15
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Bluebook (online)
Georgia § 7-1-781, Counsel Stack Legal Research, https://law.counselstack.com/statute/ga/7-1-781.