Learn About The Law
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Current as of March 28, 2024 | Updated by Findlaw Staff
(a) If a foreign bank with a registered Georgia state representative office is dissolved, has its authority or existence terminated or canceled in the jurisdiction of its incorporation, or has its authority to maintain its Georgia state representative office terminated by the Board of Governors of the Federal Reserve System under 12 U.S.C. Section 3107(b) of the International Banking Act, an officer, manager, or agent of the foreign bank shall deliver to the department a certified copy of:
(1) A certificate of the official responsible for records of banking corporations of the foreign bank's jurisdiction of incorporation attesting to the occurrence of dissolution or of termination or cancellation of authority or existence;
(2) An order or decree of a court directing the dissolution of the foreign bank or the termination or cancellation of its authority or existence; or
(3) An order of the Board of Governors of the Federal Reserve System terminating its authority under 12 U.S.C. Section 3107(b) of the International Banking Act.
(b) The filing with the department of such certificate, order, or decree has the same effect as provided in Code Section 7-1-1136 as if the registration made under this article were revoked by the department.
Cite this article: FindLaw.com - Georgia Code Title 7. Banking and Finance § 7-1-1137 - last updated March 28, 2024 | https://codes.findlaw.com/ga/title-7-banking-and-finance/ga-code-sect-7-1-1137/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw’s Learn About the Law.
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Search our directory by legal issue
Enter information in one or both fields (Required)