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2022 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
Universal Citation: GA Code § 7-9-11 (2022)
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.
History. Code 1981, § 7-9-11 , enacted by Ga. L. 2012, p. 43, § 1/HB 898.
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