O.C.G.A.

O.C.G.A. § 7-1-161 (2019)

Powers and duties of department before and after determination to liquidate

✓ 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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Except where otherwise specifically provided, all powers and duties granted by this chapter to the department in possession of the business and property of a financial institution as receiver may be exercised by it both before and after its formal determination, pursuant to this chapter, to liquidate the affairs of such financial institution.

History

Code 1933, § 41A-712, enacted by Ga. L. 1974, p. 705, § 1.

Annotations

RESEARCH REFERENCES C.J.S. 9 C.J.S., Banks and Banking, §§ 133, 136, 139.