---
title: O.C.G.A. § 7-1-1106. Rights, privileges, and other duties.
collection: code
id: 7-1-1106
cite_as: O.C.G.A. § 7-1-1106 (2025)
canonical_url: https://georgiacommons.org/code/7-1-1106
md_url: https://georgiacommons.org/code/7-1-1106.md
text_url: https://georgiacommons.org/code/7-1-1106/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.
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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. § 7-1-1106. Rights, privileges, and other duties.

(a) Except as otherwise provided by the International Banking Act, other applicable federal laws or regulations, other applicable state laws or regulations, or otherwise determined by the department, the operations of a foreign bank at a Georgia state branch, a Georgia state agency, or a Georgia state representative office shall be conducted with the same rights and privileges and subject to the same duties, restrictions, penalties, liabilities, conditions, and limitations that would apply if the Georgia state branch, Georgia state agency, or Georgia state representative office were operated by a Georgia state bank operating at the same location.

(b) Notwithstanding subsection (a) of this Code section, a Georgia state branch, Georgia state agency, or Georgia state representative office shall not have greater rights than afforded a Georgia state bank under applicable state and federal laws.

## History

Code 1981, § 7-1-1106, enacted by Ga. L. 2023, p. 651, § 48/HB 55, effective July 1, 2023.

## U.s. Code.

The International Banking Act, referred to in this Code section, is codified at 12 U.S.C. § 3101 et seq.