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O.C.G.A. § 7-1-280 <-- --> O.C.G.A. §7-1-282

2010 Georgia Code

TITLE 7 - BANKING AND FINANCE

CHAPTER 1 - FINANCIAL INSTITUTIONS
ARTICLE 2 - BANKS AND TRUST COMPANIES
PART 3 - POWERS OF BANKS
§ 7-1-281 - Participation in federal programs

O.C.G.A. 7-1-281 (2010)
7-1-281. Participation in federal programs


Any bank may:

(1) Become a member of the Federal Reserve System and conform to the rules and regulations of that system and the federal reserve bank of which it is a member;

(2) Become an insured bank pursuant to the Federal Deposit Insurance Act and take all action necessary to the maintenance of insured status thereunder;

(3) Apply for and obtain insurance on loans pursuant to national housing legislation.