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Section 7-1-1115 - Maintenance of federal branch or agency — Georgia Law | CourtGPT
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  8. Section 7-1-1115 - Maintenance of federal branch or agency
Georgia Legal Code

Section 7-1-1115 - Maintenance of federal branch or agency

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(a) A foreign bank licensed under this article to establish and maintain a Georgia state branch or Georgia state agency shall not concurrently maintain a federal branch or federal agency in this state.(b) A foreign bank which maintains a federal branch or federal agency in this state shall not concurrently be licensed under this article to maintain a Georgia state branch or Georgia state agency.Added by 2023 Ga. Laws 348,§ 48, eff. 7/1/2023.