A merchant acquirer limited purpose bank shall at all times maintain capital stock and paid-in surplus as required by policies of the department but in no event less than $3 million. History. Code 1981, § 7-9-11, enacted by Ga. L. 2012, p. 43, § 1/HB 898. 7-9-11.1. Merger or consolidation requirements.
Capital stock and paid-in surplus requirements
O.C.G.A. § 7-9-11 — under Banking and Finance.
O.C.G.A. § 7-9-11