Georgia § 7-1-714 - Actions against international banking corporations.
Full text of Georgia Official Code of Georgia Annotated § 7-1-714 — Actions against international banking corporations., with citation guidance and answers to common questions.
§ 7-1-714. Actions against international banking corporations.
An action against an international banking corporation doing business in this state may be maintained by a resident of this state for any cause of action. For purposes of this subsection, the term "resident of this state" shall include any corporation formed under the laws of this state. An action against an international banking corporation doing business in this state may be maintained by another international banking corporation or by a nonresident of this state in the following cases only: Where the action is brought to recover damages for the breach of a contract made or to be performed within this state or relating to property situated within this state at the time of the making of the contract; Where the subject matter of the litigation is situated within this state; Where the cause of action arose within this state, except where the object of the action is to affect the title of real property situated outside this state; or Where the action is based on a liability for acts done within this state by an international banking corporation or its international bank agency. (Ga. L. 1972, p. 1140, § 5; Code 1933, § 41A-3305, enacted by Ga. L. 1974, p. 705, § 1.)
Source: official Georgia text · Last verified 2026-08-27
Frequently Asked Questions About Georgia § 7-1-714
What does Official Code of Georgia Annotated § 7-1-714 cover?
Section 7-1-714 ("Actions against international banking corporations.") 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 § 7-1-714?
A common citation format is "Official Code of Georgia Annotated § 7-1-714" (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 § 7-1-714 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.