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2020 Georgia Code
Title 7 - Banking and Finance
Chapter 1 - Financial Institutions
Article 2 - Banks and Trust Companies
Part 18 - Bank Branches, Offices, Facilities, and Holding Companies
§ 7-1-611. Penalties for Violations
Universal Citation: GA Code § 7-1-611 (2020)
Any bank, bank holding company, or company (as defined in Code Section 7-1-605) which violates subsection (a) of Code Section 7-1-601 or any provision of Code Section 7-1-602, Code Section 7-1-603, or Code Sections 7-1-605 through 7-1-608 shall be subject to civil monetary penalties of not less than $500.00 nor more than $5,000.00 unless it shall cease and desist therefrom within 60 days after notice of any such violation served on it by the department. Each day on which such violation occurs shall constitute a separate offense.
(Code 1933, § 13-9938, enacted by Ga. L. 1960, p. 67, § 8; Ga. L. 2000, p. 136, § 7; Ga. L. 2016, p. 390, § 7-14/HB 811.)
RESEARCH REFERENCES
C.J.S.
- 9 C.J.S., Banks and Banking, § 32.
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