Ga. Comp. R. & Regs. 80-7-2-.01

Current through Rules and Regulations filed through December 24, 2024
Rule 80-7-2-.01 - Definitions
(1) Unless further defined herein, definitions contained in Chapter 1 of Title 7 of the Official Code of Georgia, shall be applicable to this Rule chapter.
(2) Definitions contained herein shall be applicable to O.C.G.A. §§ 7-1-730 through 7-1-734 and this Rule chapter.
(a) "Parent Organization" shall mean the corporate entity containing any IBF located in this State and any affiliate of such entity.
(b) "IBF" shall mean a "Domestic International Banking Facility."
(c) "Temporary Advances" shall mean credit balances which bear interest.

Ga. Comp. R. & Regs. R. 80-7-2-.01

O.C.G.A. § 7-1-61.

Original Rule entitled "Definitions" adopted. F. Dec. 20, 2024; eff. Jan. 9, 2025.