---
title: O.C.G.A. § 7-1-636. Effect on articles and duration of existing credit unions.
collection: code
id: 7-1-636
cite_as: O.C.G.A. § 7-1-636 (2025)
canonical_url: https://georgiacommons.org/code/7-1-636
md_url: https://georgiacommons.org/code/7-1-636.md
text_url: https://georgiacommons.org/code/7-1-636/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=357
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/7-1-635.1.md
next: https://georgiacommons.org/code/7-1-640.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 / CREDIT UNIONS / GENERAL PROVISIONS; ORGANIZATION
---

# O.C.G.A. § 7-1-636. Effect on articles and duration of existing credit unions.

(a) Nothing in this chapter shall be construed to impair the validity of the articles of a credit union existing on April 1, 1975.

(b) Each credit union existing on April 1, 1975, shall have perpetual duration unless its articles are amended under this chapter to provide for a limited period of duration.

## History

Code 1933, § 41A-3007, enacted by Ga. L. 1974, p. 705, § 1.