---
title: O.C.G.A. § 7-1-1118. Amending license; requirements.
collection: code
id: 7-1-1118
cite_as: O.C.G.A. § 7-1-1118 (2025)
canonical_url: https://georgiacommons.org/code/7-1-1118
md_url: https://georgiacommons.org/code/7-1-1118.md
text_url: https://georgiacommons.org/code/7-1-1118/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t7-t8-(v5)-pdf.pdf?sfvrsn=12761d5c_0#page=89
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/7-1-1117.md
next: https://georgiacommons.org/code/7-1-1119.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 / LICENSING
---

# O.C.G.A. § 7-1-1118. Amending license; requirements.

(a) A foreign bank licensed to establish and maintain a Georgia state branch or Georgia state agency shall apply to the department for an amended license if it changes its corporate name, changes the duration of its corporate existence, or desires to pursue in this state other or additional purposes than those set forth in its prior application for the foreign bank’s license then in effect.

(b) The requirements with respect to the form and contents of an application or notice under subsection (a) of this Code section, the manner of its execution, the issuance of an amended license, and the effect of the amended license shall be in the form and manner as required by the department.

## History

Code 1981, § 7-1-1118, enacted by Ga. L. 2023, p. 651, § 48/HB 55, effective July 1, 2023; Ga. L. 2025, p. 590, § 24/HB 15, effective July 1, 2025.

## Amendments

The 2025 amendment, effective July 1, 2025, inserted “or notice” following “application” and substituted “shall be in the form and manner as required by the department” for “shall be the same as in the case of an initial application for a license to establish and maintain a Georgia state branch or Georgia state agency” in subsection (b).