Section 7-1-5. Unauthorized activity as a financial institution

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Whenever it shall appear to the department that any person or corporation is conducting business as a financial institution without authority pursuant to this chapter, the department may determine, for purposes of Parts 4, 7, 8, and 9 of this article, that such person or corporation is a financial institution as defined in paragraph (21) of Code Section 7-1-4.

Code 1933, § 41A-410, enacted by Ga. L. 1978, p. 1717, § 1.

                    
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