O.C.G.A. § 7-1-758 (2019)
Tax exemptions; state and local occupational license taxes
(a) Any tax exemptions, tax credits, or tax privileges granted to banks or trust companies and other financial institutions by any general laws of this state are granted to corporations organized pursuant to this article. (b) Every corporation organized and engaged in business under this article shall pay an annual state occupational license tax of $50.00. Counties and municipalities are authorized, in addition, to levy the occupational license taxes as prescribed; provided, however, that no
county or municipality shall levy any such occupational license tax in a greater amount than those prescribed.
History
Ga. L. 1972, p. 798, §§ 19, 20; Code 1933, § 41A-3419, enacted by Ga. L. 1974,
p. 705, § 1; Ga. L. 2016, p. 390, § 7-4/HB 811; Ga. L. 2017, p. 774, § 7/HB 323.
ARTICLE 7 BUILDING AND LOAN ASSOCIATIONS AND SAVINGS AND LOAN ASSOCIATIONS
Annotations
Cross references. Authority of building and loan associations and savings and loan associations to invest in projects involving redevelopment of blighted areas, § 8-4-12. Appointment of building and loan associations and federal savings and loan associations as state depositories of state funds, § 50-17-50 et seq. Administrative rules and regulations. Check Cashers, Official Compilation of the Rules and Regulations of the State of
Georgia, Rules of Department of Banking and Finance, Check Cashers, Rule 80-4-1-.01 et seq. Law reviews. For article, “Small Loans Under Georgia Laws,” see 3 Mercer L. Rev. 227 (1952). For article discussing the consolidation of laws dealing with various types of financial organizations into the Financial Institutions Code of Georgia, see 11 Ga. St. B.J. 225 (1975).
RESEARCH REFERENCES ALR. Construction of savings bank by-law expressly assented to by depositor, relieving bank from liability for payment to unauthorized person, 52 A.L.R. 760. Constitutionality, construction, and effect of statutes relating to inspection, dissolution and liquidation of building and loan associations, 78 A.L.R. 1090. Right of borrowing member of building and loan association to tender matured stock purchased from nonborrowing members, 85 A.L.R. 968. Power of building and loan association to borrow money to pay withdrawing members holding either matured or partially matured stock, 87 A.L.R. 1156. Basis of settlement between building and loan association and borrowing member during solvency of association, 98 A.L.R. 6.
Constitutionality of statute changing rights of withdrawing members of building and loan association, 98 A.L.R. 82; 133 A.L.R. 1493. Status of holder of withdrawn, matured, prepaid, and preferred stock in building and loan association and resulting rights and liabilities, 98 A.L.R. 89. Determination of “withdrawal value” of unmatured shares in building and loan association, 98 A.L.R. 142. Right of building and loan association to transfer to third person loan made to borrowing member, 112 A.L.R. 459. Purchase or retirement of stock by building and loan association at a price less than its withdrawal value, 134 A.L.R. 1212. Uniform Stock Transfer Act as applicable to shares in savings and loan associations or building and loan associations, 143 A.L.R. 1152.