A foreign bank with an out-of-state branch or agency may, with the approval of the department:(1) Establish a Georgia state branch or Georgia state agency;(2) Acquire or merge with another foreign bank maintaining a Georgia state branch or Georgia state agency and after the acquisition or merger continue the operations as its own; or(3) Acquire or establish a Georgia state branch or Georgia state agency through another means not inconsistent with 12 U.S.C. Section 3102 of the International Banking Act.Amended by 2024 Ga. Laws 701,§ 1, eff. 7/1/2024.Added by 2023 Ga. Laws 348,§ 48, eff. 7/1/2023.
Georgia Legal Code