reglab/housing_qa huggingface dataset:
GA Code § 7-1-704.1 (2021)
2021 Georgia Code|Title 7 - Banking and Finance|Chapter 1 - Financial Institutions|Article 4A - Cashing of Payment Instruments|§ 7-1-704.1. Posting of License; License Is Nontransferable and Nonassignable; Notification of New Facilities

  A license issued pursuant to this article shall be kept conspicuously posted in the place of business of the licensee.   Such license shall not be transferable or assignable.   No licensee shall cash payment instruments under any name or names other than those authorized by the department in writing.   A licensee shall give written notice to the department prior to the operation of any new or additional locations not reported in either its original or renewal application which notice shall be in such form and contain such information as required by the department.     (Code 1981, §7-1-704.1, enacted by Ga. L. 2014, p. 251, § 2/HB 982; Ga. L. 2015, p. 344, § 30/HB 184.)
GA Code § 7-1-705 (2021)
2021 Georgia Code|Title 7 - Banking and Finance|Chapter 1 - Financial Institutions|Article 4A - Cashing of Payment Instruments|§ 7-1-705. Written Notice of Claims Against Licensee, Judgments, or Other Misconduct by Employees, Directors, or Others; Written Notice of Change of Executive Officer

  A licensee shall give written notice to the department by registered or certified mail of any action which may be brought against it by any creditor or claimant where such action relates to activities authorized under this article or involves a claim against the bond filed with the department under subsection (c) of Code Section 7-1-707. The notice shall provide details sufficient to identify the action and shall be sent within 30 days after the commencement of any such action. The licensee shall also give notice to the department by registered or certified mail within 30 days of the entry of any judgment against the licensee.   A licensee shall give written notice to the department by registered or certified mail within ten days of the following:   Any knowledge or discovery of an act prohibited by Code Section 7-1-703 or 7-1-707 or subsection (a) of Code Section 7-1-708;   The discharge of any employee for actual or suspected misrepresentations, dishonest acts, or fraudulent acts; or   Any knowledge or discovery of an administrative, civil, or criminal action initiated by any government entity against the licensee, any of the licensee's directors, officers, partners, ultimate equitable owners, or any individual who directs the affairs of or controls or establishes policy for the licensee.     Unless prior approval of a change in executive officer is required under Code Section 7-1-705.1 and notwithstanding subsection (e) of Code Section 7-1-703 requiring a criminal background check prior to the initial date of hire, a licensee shall notify the department in writing of any change of executive officer in such a manner that the notice is received by the department no later than ten business days after the effective date of the change. In the event of such change, the licensee shall initiate a criminal background check no later than ten business days after the effective date of the change.     (Code 1981, §7-1-705, enacted by Ga. L. 2014, p. 251, § 2/HB 982; Ga. L. 2018, p. 214, § 21/HB 780.)    The 2018 amendment,  effective May 3, 2018, added subsection (c). See Editor's notes for applicability.   Editor's notes.   - Ga. L. 2018, p. 214, § 26(b)/HB 780, not codified by the General Assembly, provides that: "It is not the intent of the General Assembly to affect the law applicable to litigation pending as of March 9, 2018."
GA Code § 7-1-705.1 (2021)
2021 Georgia Code|Title 7 - Banking and Finance|Chapter 1 - Financial Institutions|Article 4A - Cashing of Payment Instruments|§ 7-1-705.1. Approval Required for Change of Control or Ultimate Equitable Owner; Additional Requirements; Denial and Notification of Reasons

  Except as provided in this Code section, no person shall become an ultimate equitable owner of any licensee through acquisition or other change in control or become an executive officer of a licensee as a result of such acquisition or other change in control unless the person has first received written approval for such acquisition, change in control, or designation as an executive officer from the department. In order to obtain such approval, such person shall:   File an application with the department in such form as the department may prescribe from time to time;   Provide such other information as the department may require concerning the financial responsibility, background, experience, and activities of the applicant, its directors and executive officers, if a corporation, and its members, if applicable, and of any proposed new directors, executive officers, members, or ultimate equitable owners of the licensee; and   Pay such application fee as the department may prescribe.     The department may prescribe additional requirements for approval of such acquisition, change in control, or designation as an executive officer as a result of such acquisition or other change in control through rules and regulations.   If the application is denied, the department shall notify the applicant of the denial and the reasons for the denial.     (Code 1981, §7-1-705.1, enacted by Ga. L. 2014, p. 251, § 2/HB 982; Ga. L. 2018, p. 214, § 22/HB 780.)    The 2018 amendment,  effective May 3, 2018, inserted "as a result of such acquisition or other change in control" in the middle of the introductory paragraph of subsection (a) and in subsection (b). See Editor's notes for applicability.   Editor's notes.   - Ga. L. 2018, p. 214, § 26(b)/HB 780, not codified by the General Assembly, provides that: "It is not the intent of the General Assembly to affect the law applicable to litigation pending as of March 9, 2018."
GA Code § 7-1-706.1 (2021)
2021 Georgia Code|Title 7 - Banking and Finance|Chapter 1 - Financial Institutions|Article 4A - Cashing of Payment Instruments|§ 7-1-706.1. Regulatory Interpretation and Enforcement

 Without limiting the power conferred by Article 1 of this chapter, the department may make reasonable rules and regulations, not inconsistent with law, for the interpretation and enforcement of this article.    (Code 1981, §7-1-706.1, enacted by Ga. L. 2014, p. 251, § 2/HB 982.)
GA Code § 7-1-707.1 (2021)
2021 Georgia Code|Title 7 - Banking and Finance|Chapter 1 - Financial Institutions|Article 4A - Cashing of Payment Instruments|§ 7-1-707.1. Posting of Fees for Cashing Payment Instruments

 In every location operated by a licensee, there shall be conspicuously posted and at all times displayed a notice stating the charges for cashing payment instruments.    (Code 1981, §7-1-707.1, enacted by Ga. L. 2014, p. 251, § 2/HB 982.)
GA Code § 7-1-708.1 (2021)
2021 Georgia Code|Title 7 - Banking and Finance|Chapter 1 - Financial Institutions|Article 4A - Cashing of Payment Instruments|§ 7-1-708.1. Denial or Suspension of License for Student Borrowers in Default Prohibited; Denial or Suspension for Failing to Comply With Child Support Requirements

  Where an applicant or licensee has been found to be a borrower in default under the Georgia Higher Education Loan Program as determined by the Georgia Higher Education Assistance Corporation or has been certified by any entity of the federal government for nonpayment or default or breach of a repayment or service obligation under any federal educational loan, loan repayment, or service conditional scholarship program, such action shall not be grounds for denial of an application or suspension of a license.   Where an applicant or licensee has been found not in compliance with an order for child support as provided in Code Section 19-6-28.1 or 19-11-9.3, such action shall be sufficient grounds for denial of an application or suspension of a license. In such actions, the hearing and appeal procedures provided for in Code Section 19-6-28.1 or 19-11-9.3 shall be the only such procedures required under this article. The department shall be permitted to share, without liability, information on its applications or other forms with appropriate state agencies to assist them in recovering child support.     (Code 1981, §7-1-708.1, enacted by Ga. L. 2014, p. 251, § 2/HB 982; Ga. L. 2019, p. 462, § 1-3/SB 214.)    The 2019 amendment,  effective July 1, 2019, in subsection (a), rewrote the first sentence, which read: "Where an applicant or licensee has been found to be a borrower in default, as defined in Code Section 20-3-295, such action shall be sufficient grounds for denial of an application or suspension of a license." and deleted the former last two sentences, which read: "In such actions, the hearing and appeal procedures provided for in said Code section shall be the only procedures required under this article. The department shall be permitted to share, without liability, information on its applications or other forms with appropriate state agencies to assist them in collecting outstanding student loan debt."
GA Code § 7-1-709 (2021)
2021 Georgia Code|Title 7 - Banking and Finance|Chapter 1 - Financial Institutions|Article 4A - Cashing of Payment Instruments|§ 7-1-709. Penalty for Violation of Article

 Any person, partnership, association, or corporation and the several members, officers, directors, agents, ultimate equitable owners, and employees thereof that shall violate any of the provisions of this article shall be guilty of a misdemeanor, which shall be punishable by imprisonment for not more than one year or by a fine of not more than $500.00, or by both such fine and imprisonment.    (Code 1981, §7-1-709, enacted by Ga. L. 2014, p. 251, § 2/HB 982.)   OPINIONS OF THE ATTORNEY GENERAL   Fingerprinting not required.    - Pursuant to authority granted to the Attorney General in O.C.G.A. § 35-3-33(a)(1)(A)(v), any misdemeanor offenses arising under O.C.G.A. §§ 7-1-696 and7-1-709, are not at this time designated as ones for which those charged are to be fingerprinted. 2014 Op. Att'y Gen. No. 2014-2.
GA Code § 7-1-709.1 (2021)
2021 Georgia Code|Title 7 - Banking and Finance|Chapter 1 - Financial Institutions|Article 4A - Cashing of Payment Instruments|§ 7-1-709.1. No Limitation on Common Law Liability or State Prosecution

 Nothing in this article shall limit any statutory or common law right of any person to bring any action in any court for any act involved in cashing payment instruments or the right of the state to punish any person for any violation of any law.    (Code 1981, §7-1-709.1, enacted by Ga. L. 2014, p. 251, § 2/HB 982.)
GA Code § 7-1-709.2 (2021)
2021 Georgia Code|Title 7 - Banking and Finance|Chapter 1 - Financial Institutions|Article 4A - Cashing of Payment Instruments|§ 7-1-709.2. Continuing Effectiveness of Existing Licenses

 Every license in force and effect under the former provisions of this article, relating to cashing checks, drafts, or money orders for consideration, on July 1, 2014, shall remain in full force and effect on July 1, 2014, and all such existing licensees shall be required to renew their licenses pursuant to Code Section 7-1-704.    (Code 1981, §7-1-709.2, enacted by Ga. L. 2014, p. 251, § 2/HB 982; Ga. L. 2015, p. 5, § 7/HB 90; Ga. L. 2016, p. 864, § 7/HB 737.)   Code Commission notes.   - Pursuant to Code Section 28-9-5, in 2014, "July 1, 2014," was substituted for "the date of enactment of this article" and "July 1, 2014" was substituted for "the effective date of this article" in this Code section.   Editor's notes.   - Ga. L. 2015, p. 5, § 7/HB 90, incorrectly referenced the language near the beginning of this Code section as "Article 4 of Chapter 1 of this title."
GA Code § 7-1-710 (2021)
2021 Georgia Code|Title 7 - Banking and Finance|Chapter 1 - Financial Institutions|Article 5 - International Banking Corporations and Bank Agencies|§ 7-1-710. Definitions

 As used in this article, the term:    "International bank agency" means the international banking corporation with respect to all business or activities conducted in this state or through an office located in this state.   "International banking corporation" means a banking corporation organized and licensed under the laws of some foreign country or a political subdivision thereof, other than the United States of America or any of the states within the United States of America. For purposes of this article, a foreign country shall include any territories or possessions of the United States.    (Ga. L. 1972, p. 1140, § 1; Code 1933, § 41A-3301, enacted by Ga. L. 1974, p. 705, § 1; Ga. L. 1989, p. 1211, § 15.)   RESEARCH REFERENCES   C.J.S.   - 19 C.J.S., Corporations, § 953.
GA Code § 7-1-711 (2021)
2021 Georgia Code|Title 7 - Banking and Finance|Chapter 1 - Financial Institutions|Article 5 - International Banking Corporations and Bank Agencies|§ 7-1-711. Application of This Chapter

 International bank agencies shall be subject to all the provisions of Articles 1 and 2 of this chapter, except where it may appear, from the context or otherwise, that such provisions are clearly applicable only to banks or trust companies organized under the laws of this state or the United States. An international bank agency shall have no greater right under or by virtue of this article and amendments thereto than is granted to banks organized under the laws of this state. Legal and financial terms used herein shall be deemed to refer to equivalent terms used by the country in which the international banking corporation is organized.   (Ga. L. 1972, p. 1140, § 2; Code 1933, § 41A-3302, enacted by Ga. L. 1974, p. 705, § 1.)   RESEARCH REFERENCES   ALR.   - Power of savings bank or similar institution to provide checking facilities or negotiable orders of withdrawal (NOW) to customers, 64 A.L.R.3d 1314.
GA Code § 7-1-712 (2021)
2021 Georgia Code|Title 7 - Banking and Finance|Chapter 1 - Financial Institutions|Article 5 - International Banking Corporations and Bank Agencies|§ 7-1-712. Application of Article 15 of Chapter 2 of Title 14

 Notwithstanding the definition of the term "foreign corporation" appearing in paragraph (13) of Code Section 14-2-140, all of the provisions of Article 15 of Chapter 2 of Title 14, relating to foreign corporations, shall apply to all international bank agencies doing business in this state, except that references therein to the Secretary of State should be construed as references to the department.   (Ga. L. 1972, p. 1140, § 3; Code 1933, § 41A-3303, enacted by Ga. L. 1974, p. 705, § 1; Ga. L. 1989, p. 946, § 70; Ga. L. 1989, p. 1257, § 24; Ga. L. 2004, p. 508, § 70.)
GA Code § 7-1-713 (2021)
2021 Georgia Code|Title 7 - Banking and Finance|Chapter 1 - Financial Institutions|Article 5 - International Banking Corporations and Bank Agencies|§ 7-1-713. Requirements for Carrying on Banking Business

  No international banking corporation shall transact a banking business or maintain in this state any office for carrying on such business or any part thereof unless such corporation shall have:   Been authorized by its articles to carry on such business and shall have complied with the laws of the country under which it is chartered;   Furnished to the department such proof as to the nature and character of its business and as to its financial condition as the department may require;   Filed with the department:   A duly executed instrument in writing, by its terms of indefinite duration and irrevocable, appointing the department its true and lawful attorney upon whom all process in any action against it may be served with the same force and effect as if it were a domestic corporation and had been lawfully served with process within the state; and   A written certificate of designation, which may be changed from time to time thereafter by the filing of a new certificate of designation, specifying the name and address of the officer, agent, or other person to whom such process shall be forwarded by the department;     Paid to the department the fee established by regulation of the department to defray the cost of investigation and supervision; and   Received a license duly issued to it by the department.     The department shall not issue a license to an international banking corporation unless it is chartered in a country which permits banks chartered in the United States of America or any of its states to establish similar facilities therein.    (Ga. L. 1972, p. 1140, § 4; Code 1933, § 41A-3304, enacted by Ga. L. 1974, p. 705, § 1.)   RESEARCH REFERENCES   C.J.S.   - 9 C.J.S., Banks and Banking, § 669 et seq.
GA Code § 7-1-714 (2021)
2021 Georgia Code|Title 7 - Banking and Finance|Chapter 1 - Financial Institutions|Article 5 - International Banking Corporations and Bank Agencies|§ 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.)
GA Code § 7-1-715 (2021)
2021 Georgia Code|Title 7 - Banking and Finance|Chapter 1 - Financial Institutions|Article 5 - International Banking Corporations and Bank Agencies|§ 7-1-715. Application for License

  Every international banking corporation, before being licensed by the department to transact a banking business in this state or before maintaining in this state any office to carry on such business or any part thereof, shall subscribe and acknowledge and submit to the department at its office a separate application which shall state:   The name of such international banking corporation;   The location by street and post office address and county where its business is to be transacted in this state and the name of the person who shall be in charge of the business and affairs of the international bank agency;   The location where its initial registered office will be located in this state;   The amount of its capital actually paid in and the amount subscribed for and unpaid; and   The actual value of the assets of such international banking corporation, which must be at least $50 million in excess of its liabilities, and a complete and detailed statement of its financial condition as of a date within 60 days prior to the date of such application, provided that the department, in its discretion, may, when necessary or expedient, accept such statement of financial condition as of a date within 120 days prior to the date of such application.     At the time such application is submitted to the department, such corporation shall also submit a duly authenticated copy of its articles and an authenticated copy of its bylaws, or an equivalent thereof satisfactory to the department, and pay an investigation and supervision fee to be established by regulation of the department.    (Ga. L. 1972, p. 1140, § 6; Code 1933, § 41A-3306, enacted by Ga. L. 1974, p. 705, § 1; Ga. L. 2015, p. 344, § 31/HB 184.)   RESEARCH REFERENCES   C.J.S.   - 9 C.J.S., Banks and Banking, § 669 et seq.
GA Code § 7-1-716 (2021)
2021 Georgia Code|Title 7 - Banking and Finance|Chapter 1 - Financial Institutions|Article 5 - International Banking Corporations and Bank Agencies|§ 7-1-716. Effect, Renewal, and Revocation of Licenses; Permissible Activities

  When the department shall have issued a license to any such international banking corporation, it may engage in the business authorized by this article at the office specified in such license until the license expires or until such license is surrendered or revoked. The department may establish the license period by regulation. No such license shall be transferable or assignable.   Such license may be renewed annually within 30 days of the expiration of such license upon application to the department upon forms to be supplied by it for that purpose. Such license may be renewed by the department upon its determination, with or without examination, that the international banking corporation is in a safe and satisfactory condition, that it has complied with requirements of law with respect to the international bank agency, and that such renewal of the license is proper and has been duly authorized by proper corporate action.   Such license may be revoked by the department, with or without examination, upon its determination that the international banking corporation does not meet the criteria established by subsection (b) of this Code section for renewal of licenses.   In the event any such license shall be revoked by the department or the renewal thereof refused by the department, all the rights and privileges of such international banking corporation to transact the business thus licensed shall forthwith cease, and such license shall be surrendered to the department within 24 hours after the licensee has received written notice of such decision.   An international banking corporation licensed under the terms of this article to carry on business in this state shall be authorized to conduct a general banking business through its international bank agency in like manner as banks existing under the laws of this state, except that no such international banking corporation shall, through such agency, exercise fiduciary powers or receive deposits but may maintain for the account of others credit balances incidental to or arising out of the exercise of its lawful powers.    (Ga. L. 1972, p. 1140, § 7; Code 1933, § 41A-3307, enacted by Ga. L. 1974, p. 705, § 1; Ga. L. 1976, p. 201, § 1; Ga. L. 1995, p. 673, § 31.)   RESEARCH REFERENCES   C.J.S.   - 9 C.J.S., Banks and Banking, § 669 et seq.
GA Code § 7-1-718 (2021)
2021 Georgia Code|Title 7 - Banking and Finance|Chapter 1 - Financial Institutions|Article 5 - International Banking Corporations and Bank Agencies|§ 7-1-718. Financial Certifications; Restrictions on Investments, Loans, and Acceptances

  Before opening an office in this state and annually thereafter so long as a bank office is maintained in this state, an international banking corporation, licensed pursuant to this article, shall certify to the department the amount of its paid-in capital, its surplus, and its undivided profits, each expressed in the currency of the country of its incorporation. The dollar equivalent of which amount, as determined by the department, shall be deemed to be the amount of its capital, surplus, and undivided profits.   Purchases and discounts of bills of exchange, bonds, debentures, and other obligations and extensions of credit and acceptances by an international bank agency within this state shall be subject to the same limitations as to amount in relation to capital, surplus, and undivided profits as are applicable to banks organized under the laws of this state; provided, however, that, with the prior approval of the department, the capital notes and capital debentures of such international banking corporation may be treated as capital in computing such limitations.    (Ga. L. 1972, p. 1140, § 9; Code 1933, § 41A-3309, enacted by Ga. L. 1974, p. 705, § 1.)   RESEARCH REFERENCES   C.J.S.   - 9 C.J.S., Banks and Banking, § 669 et seq.