Title 7, Chapter 1, Section 626
( 7-1-626)
(a) It is the express intention of the Georgia General Assembly to
provide a unified and orderly method of permitting limited
interstate banking. Thus, if any provision of this part
establishing the framework within which interstate banking may occur
or providing for registration, approval, and supervisory powers of
the department and the commissioner is determined by final,
nonappealable order of any Georgia or federal court of competent
jurisdiction to be invalid or unconstitutional, the remaining
provisions of this part shall not be affected and shall continue to
apply to any bank, bank holding company, foreign bank, or other
person or circumstance. (b) Nothing contained in this part shall be construed to amend or
modify the provisions of any other part of this chapter governing
the supervision or regulation of banks and bank holding companies,
as defined in this part, or the organization and powers of the
department and the commissioner with respect thereto as provided in
such other parts. |