O.C.G.A.

O.C.G.A. § 7-9-8 (2019)

Issuance of certificate of incorporation or certificate of organization

✓ 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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The Secretary of State shall immediately issue a certificate of incorporation or certificate of organization to a proposed merchant acquirer limited purpose bank upon submission of: (1) Written approval of the articles of incorporation by the department with a copy attached; (2) An affidavit executed by the duly authorized agent or publisher of a newspaper swearing that the articles of incorporation or a summary statement publication as provided for in Code Section 7-9-5 have been published; and (3) All required fees and charges required by law so long as name of the proposed merchant acquirer limited purpose bank continues to be reserved or is available. The Secretary of State shall retain on file a copy of the certificate, the articles of incorporation, the department’s approval of the articles of incorporation, and the publisher’s certificate.

History

Code 1981, § 7-9-8, enacted by Ga. L. 2012, p. 43, § 1/HB 898; Ga. L. 2024, p. 354, § 1-41/HB 876, effective July 1, 2024.

Amendments. The 2024 amendment, effective July 1, 2024, inserted “or certificate of organization” in the introductory language.