Title 7, Chapter 1, Section 131
(a) The exclusive right to use a corporate name permitted to be used
by a financial institution may be reserved by a person intending to
incorporate such an institution, by a corporation intending to
engage in business in this state as a financial institution, by a
financial institution intending to change its name, or by a national
bank, a federal credit union, or a savings and loan association
intending to convert into a financial institution organized under
the laws of this state.
(b) Such reservation may be made by filing with the department a letter form application to reserve a specified name. If the department concludes that the use of the name complies with the requirements of Code Section 7-1-130, is otherwise consistent with the purposes and provisions of this chapter, and is distinguishable upon the records of the Secretary of State from the name of any other corporation, limited partnership, or professional association, it shall approve the name and notify the Secretary of State to issue such name reservation.
(c) The right to the exclusive use of a name reserved pursuant to
this Code section may be transferred to anyone who would be entitled
to reserve such name under this Code section except for such prior
reservation by filing with the department a notice of the transfer
which shall be executed by the transferor who reserved the name and
which shall set forth the name and address of the transferee. The
department shall send a copy of such notice to the Secretary of
(d) Notwithstanding any other provisions of law, the process set
forth in this Code section shall be the exclusive process for
reserving the corporate name of a financial institution.