---
title: O.C.G.A. § 7-1-5. Unauthorized activity as a financial institution.
collection: code
id: 7-1-5
cite_as: O.C.G.A. § 7-1-5 (2025)
canonical_url: https://georgiacommons.org/code/7-1-5
md_url: https://georgiacommons.org/code/7-1-5.md
text_url: https://georgiacommons.org/code/7-1-5/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=44
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/7-1-4.md
next: https://georgiacommons.org/code/7-1-6.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 / DEPARTMENT OF BANKING AND FINANCE AND FINANCIAL INSTITUTIONS GENERALLY / PURPOSES AND PRELIMINARY MATTERS
---

# O.C.G.A. § 7-1-5. Unauthorized activity as a financial institution.

Whenever it shall appear to the department that any person or corporation is conducting business as a financial institution without authority pursuant to this chapter, the department may determine, for purposes of Parts 4, 7, 8, and 9 of this article, that such person or corporation is a financial institution as defined in paragraph (21) of Code Section 7-1-4.

## History

Code 1933, § 41A-410, enacted by Ga. L. 1978, p. 1717, § 1.