Georgia · Snapshot Public.Resource.Org bulk O.C.G.A., Release 86 (2022-11), retrieved 2026-10-18

O.C.G.A. § 7-1-953: Deposit of corporate funds.

Where this section sits in the code

TITLE 7 Banking And Finance
CHAPTER 1 Financial Institutions
Article 12 Small Minority Business Development Corporations

The corporation shall not deposit any of its funds in any bank or other financial institution unless such institution has been designated as a depository by a vote of a majority of the directors present at an authorized meeting of the board of directors, exclusive of any director who is an officer or director of the depository so designated. The corporation shall not receive money on deposit.

Collected 2026-09-17T18:56:37Z. Source file · JSON

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