Administrative Review of Corporation or Department Decision; Exhaustion of Remedies

  1. Law
  2. Georgia Code
  3. Banking and Finance
  4. Credit Union Deposit Insurance Corporation
  5. Administrative Review of Corporation or Department Decision; Exhaustion of Remedies

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  1. If a financial institution is aggrieved by a decision or order of the corporation or if the corporation is aggrieved by a decision or order of the department, the financial institution or the corporation, as the case may be, shall, upon appropriate petition and after due notice, be entitled to a hearing and administrative review of the action before the department, which may stay enforcement of such actions pending the administrative review.
  2. Judicial review of such decisions or orders, other than decisions or orders to revoke the membership of a financial institution, shall not be available unless the aggrieved party has sought administrative review under this Code section.

(Ga. L. 1974, p. 545, § 12; Ga. L. 1984, p. 952, § 10.)


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