Parties to Merger or Consolidation Plan to File Application; Requirements
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Law
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Georgia Code
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Banking and Finance
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Georgia Merchant Acquirer Limited Purpose Bank
- Parties to Merger or Consolidation Plan to File Application; Requirements
In addition to the filing of articles of merger and consolidation under Code Section 7-9-11.3, the parties to a merger or consolidation plan shall also file with the department:
- An application including any information desired by the department in order to evaluate the proposed merger or consolidation, which shall be made available in the form specified by the department;
- Applicable fees established by regulation of the department to defray the expenses of the investigation required by Code Section 7-9-11.5; and
- If the merger or consolidation involves the adoption of a new name, a certificate issued by the Secretary of State reserving such name under Code Section 7-1-131.
(Code 1981, §7-9-11.4, enacted by Ga. L. 2016, p. 390, § 4-1/HB 811.)
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