---
title: O.C.G.A. § 7-1-783. Previous conversions into savings and loan associations ratified.
collection: code
id: 7-1-783
cite_as: O.C.G.A. § 7-1-783 (2025)
canonical_url: https://georgiacommons.org/code/7-1-783
md_url: https://georgiacommons.org/code/7-1-783.md
text_url: https://georgiacommons.org/code/7-1-783/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=485
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/7-1-782.md
next: https://georgiacommons.org/code/7-1-784.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 / BUILDING AND LOAN ASSOCIATIONS AND SAVINGS AND LOAN ASSOCIATIONS
---

# O.C.G.A. § 7-1-783. Previous conversions into savings and loan associations ratified.

Any corporation which has converted itself prior to April 1, 1975, into a savings and loan association under the Home Owners’ Loan Act and has received a charter from the Federal Home Loan Bank Board shall be recognized as a savings and loan association, and its federal charter shall be given full credence by the courts of this state to the same extent as if such conversion had taken place under this article.

## History

Ga. L. 1937-38, Ex. Sess., p. 307, § 12; Code 1933, § 41A-3514, enacted by Ga. L. 1974, p. 705, § 1; Ga. L. 2016, p. 390, § 7-18/HB 811.

## U.s. Code.

The Home Owners’ Loan Act of 1933, referred to in this Code section, is codified as 12 U.S.C. § 1461 et seq.