O.C.G.A.

O.C.G.A. § 7-1-65 (2019)

Examinations and investigations on request

✓ 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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When requested in writing by the board of directors or holders of a majority of the shares of a financial institution, the department, at a time fixed by it, shall examine or investigate the affairs and condition of the financial institution. However, this provision shall not be construed to mean that such institution, directors, or shareholders shall have any greater right to require the department to disclose the results of such examination or investigation than they have in case of any examination or investigation at the insistence of the department nor shall the department be required under this Code section to make more than one examination per year of any financial institution.

History

Code 1933, § 41A-306, enacted by Ga. L. 1974, p. 705, § 1.

Annotations

RESEARCH REFERENCES ALR. Use or publication of reports of, or information obtained by, bank examiners,

as affected by their alleged confidential character, 123 A.L.R. 1278.