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Section 7-1-5 - Unauthorized activity as a financial institution — Georgia Law | CourtGPT
  1. Home/
  2. Laws/
  3. Georgia/
  4. Title 7 - Banking and Finance/
  5. Chapter 1 - Financial Institutions (§§ 7-1-1 — 7-1-1138)/
  6. Article 1 - Provisions Applicable to Department of Banking and Finance and Financial Institutions Generally/
  7. Part 1 - Purposes and Preliminary Matters/
  8. Section 7-1-5 - Unauthorized activity as a financial institution
Georgia Legal Code

Section 7-1-5 - Unauthorized activity as a financial institution

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Whenever it shall appear to the department that any person or corporation is conducting business as a financial institution without authority pursuant to this chapter, the department may determine, for purposes of Parts 4, 7, 8, and 9 of this article, that such person or corporation is a financial institution as defined in paragraph (21) of Code Section 7-1-4.