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Georgia · Snapshot Public.Resource.Org bulk O.C.G.A., Release 86 (2022-11), retrieved 2026-09-17

O.C.G.A. § 7-1-462: Dividends and distributions must be authorized by chapter.

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Where this section sits in the code
  1. TITLE 7 Banking And Finance
  2. CHAPTER 1 Financial Institutions
  3. Article 2 Banks and Trust Companies
  4. PART 11 Dividends, Distributions, and Preferred Share Acquisition

The directors of a bank or trust company shall not declare dividends or authorize or ratify the distribution of any part of its assets to shareholders by purchase of its shares or otherwise, except as authorized by this chapter.

Collected 2026-09-17T19:34:57Z. Source file · JSON

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