One Click Case Law for § 7-3-11
O.C.G.A. § 7-3-10 <-- --> O.C.G.A. §7-3-12

2010 Georgia Code

TITLE 7 - BANKING AND FINANCE

CHAPTER 3 - INDUSTRIAL LOANS
§ 7-3-11 - Failure to begin business or suspending activities after license issued

O.C.G.A. 7-3-11 (2010)
7-3-11. Failure to begin business or suspending activities after license issued


In the event a licensee does not begin the operation of business under such license within a period of 120 days from the date of the issuance of such license or in the event a licensee, after having begun the operation of business under the license, remains inactive in such business for a period of 120 days, such license shall be subject to suspension or revocation by the Commissioner after notice and hearing under the procedure provided in Code Section 7-3-24 for the revocation or suspension of licenses. Any order or decision of the Commissioner on such matter shall be subject to review as provided in Code Section 7-3-24.