There is a newer version of the Georgia Code
2016 Georgia Code
Title 7 - Banking and Finance
Chapter 9 - Georgia Merchant Acquirer Limited Purpose Bank
§ 7-9-11. Capital stock and paid-in surplus requirements
GA Code § 7-9-11 (2016) What's This?
A merchant acquirer limited purpose bank shall at all times maintain capital stock and paid-in surplus as required by policies of the department but in no event less than $3 million.
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