House Bill 883, signed into law by Governor Deal on April 29, 2014, corrects a couple of Code section cross-references contained in the Georgia Merchant Acquirer Limited Purpose Bank Act passed during the 2012 session. The bill was introduced at the request of the Department and it will go into effect on July 1, 2014. House Bill 883 can be viewed at http://www.legis.ga.gov/Legislation/20132014/143770.pdf.
The Georgia Merchant Acquirer Limited Purpose Bank Act - Title 7, Chapter 9 of the Official Code of Georgia Annotated (O.C.G.A.).
Please note that other Georgia laws, as well as federal laws and regulations, may apply to the activities of MALPBs. Access to the entire Georgia Code is provided by LexisNexis from the Georgia General Assembly's website. Go to the Official Code of Georgia (O.C.G.A.). Please note that the O.C.G.A. is provided by the State of Georgia from the Georgia General Assembly's website, so you will be leaving the Department's website if you click on the link to O.C.G.A. above.
Merchant Acquirer Limited Purpose Bank (MALPB) Rules - The specific rules for MALPBs are located at Chapter 80-12.
The above link will redirect you to the Georgia Secretary of State's website. The Rules and Regulations of the State of Georgia is a compilation of the rules and regulations of state agencies that have been filed with the Office of Secretary of State pursuant the Georgia Administrative Procedures Act, O.C.G.A.§ 50-13-1 et seq. Rules published on the Secretary of State's website also contain the Administrative History for Chapter 80, as well as the history of each Rule, which gives the date on which the Rule was originally filed and its effective date, as well as the date on which any amendment or repeal was filed and its effective date.