Section 7-9-6. Information to be included on charter application

   (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 be made available in the form specified by the department; and

   (2) Applicable fees established by regulation of the department to defray the expense of the investigation.

Code 1981, § 7-9-6, enacted by Ga. L. 2012, p. 43, § 1/HB 898.