• § 7-1-230 - Definitions
  As used in this part, the term: (1) "Control" means the power directly or indirectly to direct the management or policies of a financial...
• § 7-1-231 - Acquisition of Control Without Permission Prohibited
  It shall be unlawful for a person, acting directly or indirectly or through concert with one or more persons, to acquire control of any...
• § 7-1-232 - Notice of Proposed Acquisition Required; Approval or Disapproval by Department; Judicial Review
  (a) For purposes of this Code section, the term "financial institution" shall include any "bank holding company" as that term is defined in subsection...
• § 7-1-233 - Contents of Notice
  Except as otherwise provided by regulation of the department, a notice filed pursuant to Code Section 7-1-232 shall contain the following information: (1) The...
• § 7-1-234 - Grounds for Disapproving Proposal
  The department may disapprove any proposed acquisition if: (1) The proposed acquisition of control would result in a monopoly or would be in furtherance...
• § 7-1-235 - Part Inapplicable to Bank Holding Company Transactions
  This part shall not apply to a transaction subject to Code Sections 7-1-605 through 7-1-608, relating to bank holding companies.
• § 7-1-236 - Report of Change in Control
  Whenever a change occurs in the ownership of or right to vote the outstanding shares of any bank or trust company which will result...

Last modified: October 14, 2016