---
title: O.C.G.A. § 7-1-731. Domestic international banking facility.
collection: code
id: 7-1-731
cite_as: O.C.G.A. § 7-1-731 (2025)
canonical_url: https://georgiacommons.org/code/7-1-731
md_url: https://georgiacommons.org/code/7-1-731.md
text_url: https://georgiacommons.org/code/7-1-731/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=462
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/7-1-730.md
next: https://georgiacommons.org/code/7-1-732.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 / DOMESTIC INTERNATIONAL BANKING FACILITIES
---

# O.C.G.A. § 7-1-731. Domestic international banking facility.

As used in this article, the term “domestic international banking facility” means the location within this state of any banking office, other than a foreign bank branch or foreign bank agency as defined in Code Section 7-1-1100, which derives its funds (1) from sources outside of the United States, (2) from another domestic international banking facility, or (3) from temporary advances from its parent organization and employs those funds for banking purposes outside of the United States or through its parent organization, but does not accept deposits subject to check or draft. A domestic international banking facility, when properly established pursuant to this article, shall not be considered to be a “branch office” or “main office” as defined in Code Section 7-1-600.

## History

Ga. L. 1981, p. 770, § 2; Ga. L. 1999, p. 674, § 28; Ga. L. 2023, p. 651, § 38/HB 55, effective July 1, 2023.

## Amendments

The 2023 amendment, effective July 1, 2023, substituted “other than a foreign bank branch or foreign bank agency as defined in Code Section 7-1-1100” for “other than an ‘international bank agency,’ as defined in Code Section 7-1-710”.