GEORGIA CODE (Last Updated: August 20, 2013) |
Title 7. BANKING AND FINANCE |
Chapter 1. FINANCIAL INSTITUTIONS |
Article 1. PROVISIONS APPLICABLE TO DEPARTMENT OF BANKING AND FINANCE AND FINANCIAL INSTITUTIONS GENERALLY |
Part 1. PURPOSES AND PRELIMINARY MATTERS |
Section 7-1-9. Reservation of power over financial institutions
Latest version.
- The General Assembly shall at all times have power to prescribe such regulations, provisions, and limitations as it may deem advisable, which regulations, provisions, and limitations shall be binding upon financial institutions that are subject to this chapter. The General Assembly shall have the power to amend, repeal, or modify this chapter at pleasure.
Code 1933, § 41A-110, enacted by Ga. L. 1974, p. 705, § 1.