{"data":{"id":"us-ga/o.c.g.a.-7-1-231","jurisdiction":"us-ga","citation":"O.C.G.A. § 7-1-231","heading":"“Financial institution” defined; acquisition of control without permission prohibited","body":"(a) For purposes of this Code section, the term “financial institution” shall include any “bank holding company” as such term is defined in subsection (a) of Code Section 7-1-605.\n(b) It shall be unlawful for a person, acting directly or indirectly or through concert with one or more persons, to acquire control or the presumption of control of any financial institution through a purchase, assignment, pledge, or other disposition of voting stock of such institution, except with the approval of the department or as otherwise permitted by this part.","path":["TITLE 7 Banking And Finance","CHAPTER 1 Financial Institutions","Article 1 Provisions Applicable to Department of Banking and Finance and Financial Institutions Generally","PART 10 Change in Control of Financial Institutions"],"source_url":"https://archive.org/download/gov.ga.ocga.2018/release86.2022.11/gov.ga.ocga.title.07.odt","current_through":"Release 86 (2022-11)","vintage":"Public.Resource.Org bulk O.C.G.A., Release 86 (2022-11), retrieved 2026-09-17","retrieved_at":"2026-09-17T19:34:57Z","sha256":"a9a6d797e97d14383fb3e4616096ed005d4029b373fa6171248bb9b4e2ed8d8d","source_id":"us-ga","stale":false,"prev":"us-ga/o.c.g.a.-7-1-230","next":"us-ga/o.c.g.a.-7-1-232"},"notice":"GroundRules: Original legal text. Not legal advice."}