GEORGIA CODE (Last Updated: August 20, 2013) |
Title 7. BANKING AND FINANCE |
Chapter 1. FINANCIAL INSTITUTIONS |
Article 2. BANKS AND TRUST COMPANIES |
Part 20. INTERSTATE BANKING AND BRANCHING BY MERGER |
Section 7-1-628.9. Restrictions on purchase of branches
Latest version.
- Unless otherwise expressly permitted by Georgia law or regulation, no bank may acquire a branch of any other bank in Georgia without the acquisition of the entire bank, unless the acquiring bank could lawfully establish a branch in the geographic area where the branch to be acquired is located.
Code 1981, § 7-1-628.9, enacted by Ga. L. 1996, p. 279, § 2.