Georgia · Official Code of Georgia Annotated — full code (public domain; via Open US Law, CC BY 4.0)
O.C.G.A. § 7-1-114: Banking and Finance — O.C.G.A. § 7-1-114
What this law says, in plain English
A financial institution may voluntarily dissolve if shareholders approve a dissolution plan by two-thirds vote and the department approves it. The plan must provide for assumption of liabilities or full payment of them.
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