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2018 Georgia Code 7-1-612 | Car Wreck Lawyer

TITLE 7 BANKING AND FINANCE

Section 1. Financial Institutions, 7-1-1 through 7-1-1021.

ARTICLE 2 BANKS AND TRUST COMPANIES

7-1-612. Power of banks to contract with other banks for trust services.

Notwithstanding any other provisions of this part to the contrary, any bank or trust company which does not exercise trust powers as provided in this chapter, whether or not such powers have been incorporated into its articles, may, with the consent of the department, contract with any bank or trust company exercising trust powers to provide for the latter bank or trust company to offer trust services through the branches and offices of the former bank or trust company.

(Code 1981, §7-1-612, enacted by Ga. L. 1983, p. 602, § 16; Ga. L. 1986, p. 1244, § 2.)

PART 19 I NTERSTATE ACQUISITIONS OF BANKS AND BANK HOLDING COMPANIES

Law reviews.

- For article, "Georgia's Interstate Banking Legislation," see 20 Ga. St. B.J. 186 (1984). For note on the 1994 amendments of Code Sections 7-1-620 to 7-1-626 and enactment of Code Section 7-1-627 (now repealed) of this part, prior to the 1996 revision of this part, see 11 Ga. St. U.L. Rev. 50 (1994).

RESEARCH REFERENCES

Am. Jur. 2d.

- 10 Am. Jur. 2d, Banks and Financial Institutions, § 8 et seq.

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