Georgia Statutes

§ 7-9-6 — Charter application requirements

Georgia·Title 7
(a)An application to the department to charter a merchant acquirer limited purpose bank shall include:
(1)Any information desired by the department in order to evaluate the proposed institution which shall be made available in the form specified by the department;
(2)A certificate of the Secretary of State showing that the proposed name of the merchant acquirer limited purpose bank has been reserved pursuant to Code Section 7-1-131 ; and (3) Applicable fees established by regulation of the department to defray the expense of the investigation required by Code Section 7-9-7 .
(b)An application to the department to own or control a merchant acquirer limited purpose bank shall include:
(1)Any information desired by the department in order to evaluate the proposed transaction which shall

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Legislative History

Added by 2012 Ga. Laws 435,§ 1, eff. 3/28/2012.

Nearby Sections

15
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