TITLE 7 BANKING AND FINANCE

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

ARTICLE 5 INTERNATIONAL BANKING CORPORATIONS AND BANK AGENCIES

7-1-710. Definitions.

As used in this article, the term:

1. "International bank agency" means the international banking corporation with respect to all business or activities conducted in this state or through an office located in this state.
2. "International banking corporation" means a banking corporation organized and licensed under the laws of some foreign country or a political subdivision thereof, other than the United States of America or any of the states within the United States of America. For purposes of this article, a foreign country shall include any territories or possessions of the United States.

(Ga. L. 1972, p. 1140, § 1; Code 1933, § 41A-3301, enacted by Ga. L. 1974, p. 705, § 1; Ga. L. 1989, p. 1211, § 15.)