Ga. Code § 7-9-11

Current through 2023-2024 Legislative Session Chapter 709
Section 7-9-11 - Capital stock and paid-in surplus requirements

A merchant acquirer limited purpose bank shall at all times maintain capital stock and paid-in surplus as required by policies of the department but in no event less than $3 million.

OCGA § 7-9-11

Added by 2012 Ga. Laws 435,§ 1, eff. 3/28/2012.