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Official Code of Georgia Annotated

Title 7. BANKING AND FINANCE · Chapter 2. CREDIT UNION DEPOSIT INSURANCE CORPORATION

7-2-13. Administrative review of corporation or department decision; exhaustion of remedies.

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Current through: Including Acts of the 2025 Regular Session of the General Assembly.

  1. (a)

    If a financial institution is aggrieved by a decision or order of the corporation or if the corporation is aggrieved by a decision or order of the department, the financial institution or the corporation, as the case may be, shall, upon appropriate petition and after due notice, be entitled to a hearing and administrative review of the action before the department, which may stay enforcement of such actions pending the administrative review.#

  2. (b)

    Judicial review of such decisions or orders, other than decisions or orders to revoke the membership of a financial institution, shall not be available unless the aggrieved party has sought administrative review under this Code section.#

The notes below are printed with the section but are not enacted law (O.C.G.A. § 1-1-1(c)). They are shown apart from the text.

History

Ga. L. 1974, p. 545, § 12; Ga. L. 1984, p. 952, § 10.

Read the official page (the state's PDF, opened at the page this text was read from).

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

Text read from t7-t8-(v5)-2024-pdf.pdf, Volume V5, 2024 edition, pages 636 to 637; merge action: carried; file SHA-256 5c69f28428d8.