O.C.G.A. § 7-1-551: National bank to state bank or trust company conversions — Articles of conversion.
Where this section sits in the code
- TITLE 7 Banking And Finance
- CHAPTER 1 Financial Institutions
- Article 2 Banks and Trust Companies
- PART 15 Conversions, Mergers, and Consolidations Involving National Banks
(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.
Collected 2026-09-17T19:34:57Z. Source file · JSON