---
title: O.C.G.A. § 7-1-1105. Changes in control.
collection: code
id: 7-1-1105
cite_as: O.C.G.A. § 7-1-1105 (2025)
canonical_url: https://georgiacommons.org/code/7-1-1105
md_url: https://georgiacommons.org/code/7-1-1105.md
text_url: https://georgiacommons.org/code/7-1-1105/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t7-t8-(v5)-2024-pdf.pdf?sfvrsn=6386add7_0#page=598
date: 2025
status: active
corpus_version: 2025-supplement-89aa39ab3c68
license: CC0-1.0
publisher: Georgia Commons, an independent project of Georgia Civic Data. Not the State of Georgia. Not legal advice.
up: https://georgiacommons.org/code/7-1.md
previous: https://georgiacommons.org/code/7-1-1104.md
next: https://georgiacommons.org/code/7-1-1106.md
index: https://georgiacommons.org/code/index.md
version: the only printed version
in_force: true
current_through: Including Acts of the 2025 Regular Session of the General Assembly
heading_path: BANKING AND FINANCE / FINANCIAL INSTITUTIONS / FOREIGN BANKING INSTITUTIONS / BANKING BY FOREIGN ENTITIES
---

# O.C.G.A. § 7-1-1105. Changes in control.

A foreign bank that operates a Georgia state branch, Georgia state agency, or Georgia state representative office shall inform the department in writing of the direct or indirect acquisition of control of the foreign bank by any person or entity, or group of persons or entities acting in concert, within 14 calendar days after such change in control. Such foreign bank shall provide to the department any additional information the department may require in connection with such change in control.

## History

Code 1981, § 7-1-1105, enacted by Ga. L. 2023, p. 651, § 48/HB 55, effective July 1, 2023.