O.C.G.A. § 7-1-550 (2019)

(a) Subject to this part and any applicable branching law or regulation, a national bank may convert to a bank or trust company upon: (1) Compliance with the applicable laws of the United States, including any provisions thereof relating to approval of said conversion by the shareholders and directors of the national bank and to dissenting rights of shareholders in such national bank, and compliance with any other requirements prescribed by the department to protect the shareholders or members or the safety and soundness of the institution; (2) Reserved; (3) Approval of the conversion by the department as provided in this part; and (4) Issuance of the appropriate certificate by the Secretary of State as provided in this part. (b) Reserved. (c) A federal savings bank may apply to the department to convert to

a state charter. The provisions of Code Section 7-1-293 shall apply to the resulting bank, and the conversion procedure shall be the same as for national bank conversions.