TITLE 7
BANKING AND FINANCE
ARTICLE 2
BANKS AND TRUST COMPANIES
7-1-593. Registration of bank or bank holding company having representative office in state.
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A bank or bank holding company domiciled in this state and having a representative office located in this state shall register with the department annually on forms prescribed by the department. Such registration shall be filed according to regulations issued by the department and shall list the names of all its Georgia representative offices, the street address of the offices, the nature of the business to be transacted in or through the offices, and such other information as the department may require. The department may consolidate these requirements with the holding company registration required in Parts 18, 19, and 20 of this article.
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The department may review the operations of any representative office annually or at such greater frequency as it deems necessary to assure that the office does not transact a banking business.
(Code 1981, §7-1-593, enacted by Ga. L. 1995, p. 673, § 23; Ga. L. 1999, p. 674, § 16; Ga. L. 2016, p. 390, § 2-10/HB 811.)
The 2016 amendment,
effective July 1, 2016, in subsection (a), inserted "domiciled in this state and" in the first sentence, deleted ", shall be accompanied by a registration fee prescribed by regulations of the department," following "issued by the department" in the second sentence, and deleted "and those for agency relationships" following "these requirements" in the last sentence.
