---
title: O.C.G.A. § 7-9-11. Capital stock and paid-in surplus requirements.
collection: code
id: 7-9-11
cite_as: O.C.G.A. § 7-9-11 (2025)
canonical_url: https://georgiacommons.org/code/7-9-11
md_url: https://georgiacommons.org/code/7-9-11.md
text_url: https://georgiacommons.org/code/7-9-11/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=836
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/7-9.md
previous: https://georgiacommons.org/code/7-9-10.md
next: https://georgiacommons.org/code/7-9-11.1.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 / GEORGIA MERCHANT ACQUIRER LIMITED PURPOSE BANK
---

# O.C.G.A. § 7-9-11. Capital stock and paid-in surplus requirements.

A merchant acquirer limited purpose bank shall at all times maintain capital stock and paid-in surplus as required by policies of the department but in no event less than $3 million.

## History

Code 1981, § 7-9-11, enacted by Ga. L. 2012, p. 43, § 1/HB 898.