Georgia Statutes
§ 7-1-787 — Exemption from securities regulations
Georgia § 7-1-787
JurisdictionGeorgia
Title7
This text of Georgia § 7-1-787 (Exemption from securities regulations) 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. § 7-1-787 (2026).
Text
The opening and transfer of deposits in a savings and loan association are exempted from all provisions of law of this state which provide for the supervision and the regulation of the sale of securities, even if the word "shares" or similar terminology is used in connection therewith; and the sale of any such deposits shall be legal without any action or approval whatsoever on the part of any official authorized to license, regulate, and supervise the sale of securities.
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Legislative History
Amended by 2016 Ga. Laws 450,§ 7-4, eff. 7/1/2016.
Nearby Sections
15
§ 7-1-1
Short title§ 7-1-10
Rules of construction§ 7-1-1000
Definitions§ 7-1-1001-1
Requirement for mortgage loan originator license; application to sellers of mobile homes§ 7-1-1002
Prohibited transactions; liability§ 7-1-1003
Applications for licenses§ 7-1-1003-1
[Repealed] Physical place of business§ 7-1-1003-3
[Reserved] Application for registration§ 7-1-1003-4
[Reserved] Notification statementCite This Page — Counsel Stack
Bluebook (online)
Georgia § 7-1-787, Counsel Stack Legal Research, https://law.counselstack.com/statute/ga/7-1-787.