Document Type
Peach Sheet
Abstract
The Act amends the definitions regarding affiliate transfers between certain financial institutions. The term "affiliate transfer" refers to bank or trust company transfers made to affiliated trust companies or affiliated banks which have received the required approvals from the appropriate regulatory authorities to exercise trust powers. The term "affiliated trust company" means a trust company affiliated with a bank and includes affiliated banks which have received the required approvals from the appropriate regulatory authorities to exercise trust powers.
Recommended Citation
Georgia State University Law Review,
BANKING AND FINANCE Affiliate Transfers: Amend Definitions to Include Affiliated Banks Authorized to Exercise Trust Powers,
10
Ga. St. U. L. Rev.
(2012).
Available at:
https://readingroom.law.gsu.edu/gsulr/vol10/iss1/33