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Section 7-1-1128 - Effective date of revocation — 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 14 - Foreign Banking Institutions/
  7. Part 2 - Licensing/
  8. Section 7-1-1128 - Effective date of revocation
Georgia Legal Code

Section 7-1-1128 - Effective date of revocation

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Unless stayed by the superior court that has jurisdiction over an appeal under Code Section 50-13-19, a final order of the commissioner revoking a license is effective immediately, and the foreign bank shall immediately cease all activity in this state requiring a license.Added by 2023 Ga. Laws 348,§ 48, eff. 7/1/2023.