GEORGIA CODE (Last Updated: August 20, 2013) |
Title 7. BANKING AND FINANCE |
Chapter 1. FINANCIAL INSTITUTIONS |
Article 4. SALE OF CHECKS OR MONEY ORDERS |
Section 7-1-687. Agents of licensees
Latest version.
- A licensee may conduct its business at one or more locations in this state, so long as such locations have been included in the licensee's application and reports under Code Sections 7-1-683 and 7-1-686, and through such agents as it may designate. The department may within ten days after application, for cause, refuse to approve a licensee's designation of an agent or, for cause, suspend a licensee's designation of an agent. In such cases the agent shall have the same procedural rights as are provided in this article for the denial, suspension, or revocation of a licensee's license. No additional license other than that obtained by the licensee shall be required of any duly reported agent of a licensee. An agent of a licensee shall sell or issue checks only at the location designated in the licensee's report to the department or at other locations of which the department first has been notified in writing.
Ga. L. 1965, p. 81, § 9; Code 1933, § 41A-3208, enacted by Ga. L. 1974, p. 705, § 1; Ga. L. 1975, p. 445, § 36; Ga. L. 2007, p. 502, § 21/SB 70.