---
title: O.C.G.A. § 7-1-620. Purpose of this part.
collection: code
id: 7-1-620
cite_as: O.C.G.A. § 7-1-620 (2025)
canonical_url: https://georgiacommons.org/code/7-1-620
md_url: https://georgiacommons.org/code/7-1-620.md
text_url: https://georgiacommons.org/code/7-1-620/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=330
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/7-1-612.md
next: https://georgiacommons.org/code/7-1-621.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 / BANKS AND TRUST COMPANIES / INTERSTATE ACQUISITIONS OF BANKS AND BANK HOLDING COMPANIES
---

# O.C.G.A. § 7-1-620. Purpose of this part.

This part governs the acquisition of banks having banking offices in Georgia by bank holding companies controlling bank subsidiaries having banking offices outside this state. It further governs the acquisition of banks having banking offices outside this state by bank holding companies controlling bank subsidiaries having banking offices in Georgia. It sets forth application, notice, and other related requirements. Acquisitions of banks having banking offices only in Georgia by bank holding companies controlling only bank subsidiaries having banking offices solely in Georgia are governed by the provisions of Code Sections 7-1-605 through 7-1-608.

## History

Code 1981, § 7-1-620, enacted by Ga. L. 1996, p. 279, § 1; Ga. L. 2004, p. 631, § 7; Ga. L. 2016, p. 390, § 2-17/HB 811.

## Editor's Notes

Ga. L. 1996, p. 279, § 1, redesignated former Code Section 7-1-620 as present Code Section 7-1-621.

## Law Reviews

For review of 1996 banking and finance legislation, see 13 Ga. St. U.L. Rev. 1.