---
title: O.C.G.A. § 7-1-954. Departmental power over corporations.
collection: code
id: 7-1-954
cite_as: O.C.G.A. § 7-1-954 (2025)
canonical_url: https://georgiacommons.org/code/7-1-954
md_url: https://georgiacommons.org/code/7-1-954.md
text_url: https://georgiacommons.org/code/7-1-954/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=537
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/7-1-953.md
next: https://georgiacommons.org/code/7-1-955.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 / SMALL MINORITY BUSINESS DEVELOPMENT CORPORATIONS
---

# O.C.G.A. § 7-1-954. Departmental power over corporations.

The department shall exercise the same power and authority over corporations organized under this article as is now or hereafter exercised over banks and trust companies by Articles 1 and 2 of this chapter where such law is not in conflict with this chapter.

## History

Code 1981, § 7-1-954, enacted by Ga. L. 1988, p. 804, § 1.