Ga. Comp. R. & Regs. 80-1-7-.02

Current through Rules and Regulations filed through November 22, 2024

Rule 80-1-7-.02 - Records to Be Maintained

Where reserves are required pursuant to Rule 80-1-7-.03(2), each financial institution shall maintain, for a period of not less than two calendar years, a record of its biweekly calculations of reserve requirements and reserves maintained. Such record shall be subject to review during examinations of the financial institution. A copy of the recommended format to be used in calculating reserves will be available from the Department of Banking and Finance, but alternative forms may be utilized if they provide the same basic information as provided by the recommended form.

Ga. Comp. R. & Regs. R. 80-1-7-.02

Ga. L. 1974, pp. 733, 820-822.

Original Rule entitled "Legal Reserve" was filed and effective on June 30, 1965.

Amended. Rule repealed and a new Rule entitled "Records to be Maintained" adopted. Filed June 9, 1972; effective, June 29, 1972.

Amended: Filed August 28, 1975; effective September 17, 1975.

Amended: Rule repealed and a new Rule of the same title adopted. Filed June 9, 1980; effective October 1, 1980, as specified by the Agency.

Amended: F. June 20, 2016; eff. July 10, 2016.