---
title: O.C.G.A. § 7-1-1119. Act of relocating; notification.
collection: code
id: 7-1-1119
cite_as: O.C.G.A. § 7-1-1119 (2025)
canonical_url: https://georgiacommons.org/code/7-1-1119
md_url: https://georgiacommons.org/code/7-1-1119.md
text_url: https://georgiacommons.org/code/7-1-1119/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=90
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/7-1-1118.md
next: https://georgiacommons.org/code/7-1-1120.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. § 7-1-1119. Act of relocating; notification.

(a) For purposes of this Code section, the term “relocation” means the location of an existing Georgia state branch or Georgia state agency is to be moved to a new location which is to be constructed, purchased, or leased within the State of Georgia.

(b) A foreign bank shall submit a notification to the department of its intent to relocate an existing Georgia state branch or Georgia state agency no less than 30 days in advance of such relocation. The department may require an application for such relocation if the notification raises supervisory concerns.

(c) At least 30 days before the relocation, a foreign bank shall post a notice to consumers of such proposed relocation in a conspicuous location at the affected Georgia state branch or Georgia state agency and on its website.

## History

Code 1981, § 7-1-1119, enacted by Ga. L. 2023, p. 651, § 48/HB 55, effective July 1, 2023; Ga. L. 2025, p. 590, § 25/HB 15, effective July 1, 2025.

## Amendments

The 2025 amendment, effective July 1, 2025, rewrote subsection (b).