Unlawful Acquisitions, Corporate Restructuring

Transactions determined by the Commissioner to in substance constitute an internal corporate restructuring by a Georgia bank holding company shall not be considered to be an acquisition of control within the meaning of O.C.G.A. § 7-1-608 . Authority: O.C.G.A. §§ 7-1-61 , 7-1-607 . History. Original Rule entitled "Proxies, Offering Circulars, Disclosure Statements" was filed on December 3, 1980; effective January 2, 1981, as specified by the Agency. Repealed: New Rule of same title adopted. F. Oct. 12, 1989; eff. Nov. 1, 1989. Amended: F. July 14, 1998; eff. August 3, 1998. Amended: F. June 20, 2016; eff. July 10, 2016. Amended: New title, "Unlawful Acquisitions, Corporate Restructuring." F. Dec. 16, 2021; eff. Jan. 5, 2022.