Georgia § 7-1-620 - Purpose of this part.
Full text of Georgia Official Code of Georgia Annotated § 7-1-620 — Purpose of this part., with citation guidance and answers to common questions.
§ 7-1-620. Purpose of this part.
This part governs the acquisition of banks having banking offices in Georgia by bank holding companies controlling bank subsidiaries having banking offices outside this state. It further governs the acquisition of banks having banking offices outside this state by bank holding companies controlling bank subsidiaries having banking offices in Georgia. It sets forth application, notice, and other related requirements. Acquisitions of banks having banking offices only in Georgia by bank holding companies controlling only bank subsidiaries having banking offices solely in Georgia are governed by the provisions of Code Sections 7-1-605 through 7-1-608. (Code 1981, § 7-1-620 , enacted by Ga. L. 1996, p. 279, § 1; Ga. L. 2004, p. 631, § 7; Ga. L. 2016, p. 390, § 2-17/HB 811.) Editor's notes. - Ga. L. 1996, p. 279, § 1, redesignated former Code Section 7-1-620 as present Code Section 7-1-621. Law reviews. - For review of 1996 banking and finance legislation, see 13 Ga. St. U.L. Rev. 1.
Source: official Georgia text · Last verified 2026-08-27
Frequently Asked Questions About Georgia § 7-1-620
What does Official Code of Georgia Annotated § 7-1-620 cover?
Section 7-1-620 ("Purpose of this part.") is part of the Official Code of Georgia Annotated, the codified statutory law of Georgia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Georgia § 7-1-620?
A common citation format is "Official Code of Georgia Annotated § 7-1-620" (Georgia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Georgia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Georgia official source linked on this page or consult a licensed Georgia attorney.
How does Georgia § 7-1-620 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Georgia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Georgia.