---
title: O.C.G.A. § 7-1-628.9. Establishment of out-of-state bank branches through acquisition.
collection: code
id: 7-1-628.9
cite_as: O.C.G.A. § 7-1-628.9 (2025)
canonical_url: https://georgiacommons.org/code/7-1-628.9
md_url: https://georgiacommons.org/code/7-1-628.9.md
text_url: https://georgiacommons.org/code/7-1-628.9/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=347
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.
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previous: https://georgiacommons.org/code/7-1-628.8.md
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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 BANKING AND BRANCHING BY MERGER
---

# O.C.G.A. § 7-1-628.9. Establishment of out-of-state bank branches through acquisition.

(a) An out-of-state bank that does not have a branch in Georgia and whose deposits are federally insured may, upon obtaining the necessary approvals from its home state regulator, establish and maintain a branch in this state through the acquisition of a branch.

(b) A Georgia state bank may establish and maintain a branch in another state through the acquisition of a branch in compliance with the provisions of this article, including, but not limited to, obtaining approval from the department prior to acquiring the branch.

## History

Code 1981, § 7-1-628.9, enacted by Ga. L. 1996, p. 279, § 2; Ga. L. 2016, p. 390, § 2-26/HB 811; Ga. L. 2021, p. 323, § 26/HB 111.