O.C.G.A. § 7-9-6 — Charter application requirements

(a) An application to the department to charter a merchant acquirer limited purpose bank shall include: (1) Any information desired by the department in order to evalu815 7-9-7 ate the proposed institution which shall be made available in the form speciﬁed by the department; (2) A certiﬁcate of the Secretary of State showing that the proposed name of the merchant acquirer limited purpose bank has been reserved pursuant to Code Section 7-1-131; and (3) Applicable fees established by regulation of the department to defray the expense of the investigation required by Code Section 7-9-7. (b) An application to the department to own or control a merchant acquirer limited purpose bank shall include: (1) Any information desired by the department in order to evaluate the proposed transaction which shall be made available in the form speciﬁed by the department; and (2) Applicable fees established by regulation of the department to defray the expense of the investigation. History. Code 1981, § 7-9-6, enacted by Ga. L. 2012, p. 43, § 1/HB 898. 7-9-7. Investigation; requirements and procedure for background checks.