O.C.G.A.

O.C.G.A. § 11-4-107 (2019)

Separate office of a bank

✓ O.C.G.A. — 2019 edition (Public.Resource.Org Release 73)

Code text and O.C.G.A. statutory annotations on this page reflect the 2019 Official Code of Georgia Annotated (Public.Resource.Org Release 73, 2019-08-21; public domain per Georgia v. Public.Resource.Org, 2020). The Syfert case-law annotations in Notes of Decisions, below, are current.

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A branch or separate office of a bank, including the location of any agent of a bank receiving items for data processing purposes, is a separate bank for the purpose of computing the time within which and determining the place at or to which action may be taken or notice or orders must be given under this article and under Article 3 of this title.

History

Code 1933, § 109A-4-106, enacted by Ga. L. 1962, p. 156, § 1; Ga. L. 1963, p. 188, § 10; Ga. L. 1985, p. 825, § 2; Code 1981, § 11-4-107, as redesignated by Ga. L. 1996, p. 1306, § 5.

Annotations

Cross references. Status and manner of operation of branch banks generally, § 7-1-600 et seq.

Editor’s notes. Ga. L. 1996, p. 1306, § 5, effective July 1, 1996, renumbered former Code Section 11-4-106 as present Code Section 11-4-107 and renumbered former Code Section 114-107 as present Code Section 11-4-108.

RESEARCH REFERENCES Am. Jur. 2d. 10 Am. Jur. 2d, Banks and Financial Institutions, §§ 635, 636. U.L.A. Uniform Commercial Code (U.L.A.) § 4107.

ALR. Construction of UCC § 4-106 defining separate or branch office of bank, 5 A.L.R.4th 938.