ARTICLE 2 - BANKS AND TRUST COMPANIES
- PART 1 - GENERAL MATTERS
- § 7-1-240 - Powers and restrictions applicable when acting as bank and trust company
- § 7-1-241 - Restrictions on engaging in banking business
- § 7-1-242 - Restriction on corporate fiduciaries
- § 7-1-243 - Restrictions on banking and trust nomenclature
- § 7-1-244 - Deposit insurance requirements; public notices when deposits not properly insured
- PART 2 - GENERAL POWERS OF BANKS AND TRUST COMPANIES
- PART 3 - POWERS OF BANKS
- § 7-1-280 - Major banking powers
- § 7-1-281 - Participation in federal programs
- § 7-1-282 - Direct leasing of personal and real property
- § 7-1-283 - Participations
- § 7-1-284 - Acceptances
- § 7-1-285 - Limits on obligations of one person or corporation
- § 7-1-286 - Real estate loans; acquisition by bank or trust company of ownership interest
- § 7-1-287 - Dealings in securities; conflicts of interest; divestiture and fines
- § 7-1-288 - Corporate stock and securities
- § 7-1-289 - Security for deposits
- § 7-1-290 - Powers as surety or guarantor
- § 7-1-291 - Borrowings; liabilities not subject to restrictions; restrictions; borrowing for emergencies
- § 7-1-292 - Interest and fees
- § 7-1-293 - Savings banks and state savings and loan associations
- § 7-1-294 - Transaction of business on holidays and outside of banking hours
- § 7-1-295 - Transaction fees charged by operators of automated teller machines
- PART 4 - POWERS OF TRUST COMPANIES
- § 7-1-310 - Powers to act as fiduciary and in other representative capacities
- § 7-1-311 - Operations as a fiduciary
- § 7-1-312 - Nonfiduciary investments
- § 7-1-313 - Collective investment funds
- § 7-1-314 - Purchase in fiduciary capacity of securities underwritten by syndicate including institution
- § 7-1-315 - Satisfaction of fiduciary obligations respecting investment of funds awaiting investment or distribution and charging of fees
- PART 4A - AFFILIATE TRANSFERS
- § 7-1-320 - Definitions
- § 7-1-321 - Affiliate transfers authorized; powers and duties of affiliated trust company transferees
- § 7-1-322 - Effect of affiliate transfer on bank; abandonment of transfer; substituted fiduciary
- § 7-1-323 - Appointment of affiliated trust company as agent for bank; liability of bank for actions of agent
- § 7-1-324 - Designation of affiliate trust company as successor fiduciary
- § 7-1-325 - Other banking laws unaffected by part
- PART 5 - FIDUCIARY INVESTMENT COMPANIES
- § 7-1-330 - Definitions
- § 7-1-331 - Organization; approval by department
- § 7-1-332 - Incorporation
- § 7-1-333 - Limitations on investments
- § 7-1-334 - Corporate powers; limitations and restrictions
- § 7-1-335 - Rules and regulations; examinations
- § 7-1-336 - Advertisement of participation; financial reports
- § 7-1-337 - Investment advisers
- § 7-1-338 - Prohibition on refusing participation
- PART 6 - DEPOSITS, SAFE-DEPOSIT AGREEMENTS, AND MONEY RECEIVED FOR TRANSMISSION
- § 7-1-350 - Notice of rules governing deposits
- § 7-1-351 - Minors' deposits and safe-deposit agreements
- § 7-1-352 - Deposit by agent, trustee, or other fiduciary
- § 7-1-353 - Adverse claims to deposits and property held in safe deposit
- § 7-1-354 - Money received for transmission
- § 7-1-355 - Agreements concerning safe deposits
- § 7-1-356 - Procedures on death or incompetence of safe depositor
- § 7-1-357 - Payment of deposit of deceased depositor; deposit by nursing home of moneys left in its possession upon death of resident
- § 7-1-358 - Dormant accounts
- § 7-1-359 - Fee prohibited for conducting search of dormant, abandoned, or unclaimed deposit accounts; commission or finder's fee allowed
- § 7-1-360 - Third-party claims; notification of disclosure by third party to depositor; motion to quash disclosure
- PART 7 - BANKING DEPOSITORIES, RESERVES, AND REMISSIONS
- PART 8 - INCORPORATION OF BANKS AND TRUST COMPANIES
- § 7-1-390 - Incorporators
- § 7-1-390.1 - Organization of bank or trust company as limited liability company; promulgation of rules and regulations governing
- § 7-1-391 - Prohibition of promoters' fees
- § 7-1-392 - Articles of incorporation; advertisement of articles or notice of application; naming registered agent
- § 7-1-393 - Additional filings with department; fees
- § 7-1-394 - Investigation; approval or disapproval by department; abbreviated procedures
- § 7-1-395 - Issuance of certificate of incorporation
- § 7-1-396 - Effect of certificate of incorporation; permit to begin business
- § 7-1-397 - Organizational meetings
- § 7-1-398 - Liability for premature business
- PART 9 - FINANCIAL STRUCTURE
- § 7-1-410 - Minimum capital stock
- § 7-1-411 - Paid-in capital and appropriated retained earnings
- § 7-1-412 - Beginning business expense fund
- § 7-1-413 - Classes of shares
- § 7-1-414 - Purchase, redemption, and convertibility of shares and debt securities
- § 7-1-415 - Consideration for shares
- § 7-1-416 - Method of issuance
- § 7-1-417 - Share certificates and debt security instruments
- § 7-1-418 - Issuance and transfer of fractional shares or scrip
- § 7-1-419 - Subordinated securities
- PART 10 - SHAREHOLDERS
- § 7-1-430 - Liability of subscribers and shareholders
- § 7-1-431 - Preemptive rights
- § 7-1-432 - Meetings of shareholders
- § 7-1-433 - Closing of transfer books or fixing record date
- § 7-1-434 - Voting list
- § 7-1-435 - Quorum of shareholders
- § 7-1-436 - Voting of shares
- § 7-1-437 - Proxies
- § 7-1-438 - Shareholders' agreements
- § 7-1-439 - Books and records
- § 7-1-440 - Derivative actions by shareholders -- When proper
- § 7-1-441 - Derivative actions by shareholders -- Restrictions on
- PART 11 - DIVIDENDS, DISTRIBUTIONS, AND PREFERRED SHARE ACQUISITION
- PART 12 - MANAGEMENT
- § 7-1-480 - Board of directors
- § 7-1-481 - Adopting, amending, and repealing bylaws
- § 7-1-482 - Number, term, and compensation of directors
- § 7-1-483 - Meetings of board; quorum; committees; acting without meeting
- § 7-1-484 - Oath of directors; liability of persons who have not subscribed to such oath
- § 7-1-485 - Removal of directors; vacancies
- § 7-1-486 - Honorary and advisory positions
- § 7-1-487 - Audits and financial reports
- § 7-1-488 - Officers, agents, and employees; employee share plans
- § 7-1-489 - Bonds
- § 7-1-490 - Responsibility of directors and officers; delegation of investment decisions
- § 7-1-491 - Financing involving directors or officers
- § 7-1-492 - Prohibitions applicable to directors, officers, and employees
- § 7-1-493 - Actions against directors and officers
- § 7-1-494 - Liability of directors in certain cases
- PART 13 - AMENDMENT OF ARTICLES
- § 7-1-510 - Authorized amendments; articles entirely restated; notice to Secretary of State
- § 7-1-511 - Proposal and adoption of amendments
- § 7-1-512 - Execution, contents, filing, and effect of articles of amendment
- § 7-1-513 - Certification of articles of amendment; delivery to bank or trust company; publication of notice
- § 7-1-514 - Approval or disapproval of articles of amendment
- § 7-1-515 - Issuance of certificate of amendment
- § 7-1-516 - Effect of certificate of amendment
- PART 14 - MERGER AND CONSOLIDATION OF STATE BANKS AND TRUST COMPANIES
- § 7-1-530 - Authority to merge or consolidate; merger, consolidation, or share exchange across state lines; required provisions of the merger plan
- § 7-1-531 - Requirements for merger, share exchange, or consolidation plan; modification of plan
- § 7-1-532 - Execution, contents, and filing of articles of merger, share exchange, or consolidation; notice; filing amendment
- § 7-1-533 - Additional filings with department
- § 7-1-534 - Approval or disapproval by department
- § 7-1-535 - Procedure after approval by department; federal approval or disapproval; issuance of certificate of merger, share exchange, or consolidation
- § 7-1-536 - Effect of merger, share exchange, or consolidation
- § 7-1-537 - Rights of dissenting shareholders; surrender of certificates
- PART 15 - CONVERSIONS, MERGERS, AND CONSOLIDATIONS INVOLVING NATIONAL BANKS
- § 7-1-550 - Authority for national bank or federal savings bank to state bank or trust company conversions, mergers, and consolidations; conversion, merger, or consolidation across state lines; conv
- § 7-1-551 - National bank to state bank or trust company conversions, mergers, and consolidations -- Articles of conversion, merger, or consolidation
- § 7-1-552 - National bank to state bank or trust company conversions, mergers, and consolidations -- Filings with department; publication of notice
- § 7-1-553 - National bank to state bank or trust company conversions, mergers, and consolidations -- Approval or disapproval by department; federal approval or disapproval
- § 7-1-554 - National bank to state bank or trust company conversions, mergers, and consolidations -- Issuance of certificate of conversion, consolidation, or merger
- § 7-1-555 - National bank to state bank or trust company conversions, mergers, and consolidations -- Effect of issuance of certificate
- § 7-1-556 - State bank or trust company to national bank or federal savings institution conversions, mergers, or consolidations
- § 7-1-557 - Merger, consolidation, or share exchange of nonbank corporations into national banks
- PART 16 - SALE AND OTHER DISPOSITION OF ASSETS
- PART 17 - REPRESENTATIVE OFFICES AND REGISTRATION
- § 7-1-590 - Definitions
- § 7-1-591 - Establishment of representative office by bank or bank holding company domiciled in state
- § 7-1-592 - Establishment of representative office by bank or holding company domiciled outside of state
- § 7-1-593 - Registration of bank or bank holding company having representative office in state
- § 7-1-594 - Registration of banks or bank holding companies conducting agency relationships
- PART 18 - BANK BRANCHES, OFFICES, FACILITIES, AND HOLDING COMPANIES
- § 7-1-600 - Definitions
- § 7-1-601 - Branch offices
- § 7-1-602 - Applications for branch offices
- § 7-1-603 - Extension of existing banking locations; automated teller machines, cash dispensing machines, point-of-sale terminals, and other extensions
- § 7-1-604 - Banking business prohibited except as allowed by Title 7
- § 7-1-605 - Bank holding companies -- Definitions; when company deemed to control shares
- § 7-1-606 - Bank holding companies -- Actions unlawful without prior approval of commissioner; exceptions
- § 7-1-607 - Bank holding companies -- Registration, reporting, examinations, and control
- § 7-1-608 - Bank holding companies -- Lawful and unlawful acquisitions, formations, and mergers
- § 7-1-609 - Civil actions by department to enforce part
- § 7-1-610 - National bank rights
- § 7-1-611 - Penalties for violations
- § 7-1-612 - Power of banks to contract with other banks for trust services
- PART 19 - INTERSTATE ACQUISITIONS OF BANKS AND BANK HOLDING COMPANIES
- § 7-1-620 - Purpose of this part
- § 7-1-621 - Definitions
- § 7-1-622 - Provisions applicable to interstate acquisitions or mergers by bank holding companies; eligibility of applicants; commissioner's ruling required
- § 7-1-623 - Acquisitions not requiring department approval
- § 7-1-624 - Prohibited acquisitions
- § 7-1-625 - Provisions applicable to, and qualification of, bank holding companies in state; reciprocal agreements; confidentiality of reports
- § 7-1-626 - Severability; construction with other laws
- § 7-1-627 - Resolution to except bank or bank holding company from acquisition; severability
- PART 20 - INTERSTATE BANKING AND BRANCHING BY MERGER
- § 7-1-628 - Purpose and scope of part
- § 7-1-628.1 - Definitions
- § 7-1-628.10 - Enforcement actions by commissioner
- § 7-1-628.11 - Regulations; administrative fees
- § 7-1-628.12 - Reports required of out-of-state state banks
- § 7-1-628.13 - Notice of merger consolidation, or other transaction involving out-of-state bank
- § 7-1-628.14 - Severability; construction with other laws
- § 7-1-628.15 - Tax treatment
- § 7-1-628.2 - Mergers permitted; applicable provisions
- § 7-1-628.3 - Prohibited interstate merger transactions
- § 7-1-628.4 - Permissible interstate merger transactions
- § 7-1-628.5 - Requirement for out-of-state bank that is resulting bank of interstate merger transaction
- § 7-1-628.6 - Powers of out-of-state banks branching into Georgia
- § 7-1-628.7 - Examinations and reports; powers of commissioner
- § 7-1-628.8 - Restrictions on de novo branches
- § 7-1-628.9 - Restrictions on purchase of branches