Official Code of Georgia Annotated

Title 7. BANKING AND FINANCE · Chapter 1. FINANCIAL INSTITUTIONS · Article 14. FOREIGN BANKING INSTITUTIONS · Part 2. LICENSING

7-1-1128. Effective date of revocation.

Active

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

Unless stayed by the superior court that has jurisdiction over an appeal under Code Section 50-13-19, a final order of the commissioner revoking a license is effective immediately, and the foreign bank shall immediately cease all activity in this state requiring a license.

The notes below are printed with the section but are not enacted law (O.C.G.A. § 1-1-1(c)). They are shown apart from the text.

Code 1981, § 7-1-1128, enacted by Ga. L. 2023, p. 651, § 48/HB 55, effective July 1, 2023.

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Current through: Including Acts of the 2025 Regular Session of the General Assembly.

Text read from t7-t8-(v5)-2024-pdf.pdf, Volume V5, 2024 edition, page 617; merge action: carried; file SHA-256 5c69f28428d8.