---
title: O.C.G.A. § 7-1-734. Examination and supervision by the department; agreements with other bank regulatory authorities.
collection: code
id: 7-1-734
cite_as: O.C.G.A. § 7-1-734 (2025)
canonical_url: https://georgiacommons.org/code/7-1-734
md_url: https://georgiacommons.org/code/7-1-734.md
text_url: https://georgiacommons.org/code/7-1-734/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=464
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/7-1-733.md
next: https://georgiacommons.org/code/7-1-740.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. § 7-1-734. Examination and supervision by the department; agreements with other bank regulatory authorities.

(a) The department may examine the operations of any domestic international banking facility for the purpose of determining that the scope of its activities does not exceed that allowed pursuant to this article and that the facility is otherwise operating in compliance with the applicable laws of this state. The department may by regulation establish minimum requirements for the maintenance of books and records in sufficient form to enable the department to carry out its responsibilities under this Code section.

(b) The department may enter into cooperative and reciprocal agreements with the bank regulatory authority of any government for the periodic examination of banking offices and facilities of any kind, including domestic international banking facilities, located within this state and may accept records from such authorities in lieu of conducting its own examination for compliance with laws of this state.

## History

Ga. L. 1981, p. 770, § 5.