Articles of conversion; fee

O.C.G.A. § 7-1-551 — under Banking and Finance.

O.C.G.A. § 7-1-551

(a) The party or parties desiring to consummate a conversion authorized by Code Section 7-1-550 shall, upon requisite approval of the plan by their directors and shareholders, file with the department articles of conversion together with the fee required by Code Section 7-1-862. (b) The articles of conversion shall be signed by two duly authorized officers of the national bank under its seal and shall contain: (1) Its name and the name of the resulting bank or trust company; (2) The street address and county of its main office; (3) The name and initial registered agent and the street address where the initial registered office will be located; (4) The votes by which the plan of conversion was adopted and the time, place, and notice of each meeting in connection with such adoption; (5) The name and county of residence of each director of the resulting bank or trust company; (6) The provisions required in articles of a new bank or trust company by paragraphs (5), (6), (7), and (10) of subsection (a) of Code Section 7-1-392; and (7) The plan of conversion. History. Ga. L. 1953, Jan.-Feb. Sess., p. 73, §§ 5, 6; Code 1933, § 41A-2502, enacted by Ga. L. 1974, p. 705, § 1; Ga. L. 1989, p. 1257, § 16; Ga. L. 1999, p. 81, § 7; Ga. L. 1999, p. 674, § 14; Ga. L. 2015, p. 344, § 13/HB 184; Ga. L. 2021, p. 323, § 13/HB 111. 281 7-1-553 7-1-552. Filings with department.