Whenever it shall appear to the department that any person or corporation is conducting business as a financial institution without authority pursuant to this chapter, the department may determine, for purposes of Parts 4, 7, 8, and 9 of this article, that such person or corporation is a financial institution as defined in paragraph (21) of Code Section 7-1-4.
(Code 1933, § 41A-410, enacted by Ga. L. 1978, p. 1717, § 1.)
RESEARCH REFERENCES
Am. Jur. 2d.
- 10 Am. Jur. 2d, Banks and Financial Institutions, § 3.
C.J.S.- 9 C.J.S., Banks and Banking, §§ 20, 21, 773.