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Georgia authorizes remote notarization
On March 31, the governor of Georgia issued an executive order suspending requirements of Georgia’s property code that notarizations of deeds and other instruments to record interests in real property occur in person. Instead, any such requirement can now be satisfied by the use of real time audio-video conference. In addition, the order permits required witnesses to appear remotely. The suspension will last until the state of emergency in Georgia is terminated.
Georgia governor issues shelter in place executive order for specific populations
On March 23, Georgia’s governor issued an Executive Order ordering specific populations to shelter in place and limiting the number of persons gathered in a single location. The order does not address financial institutions or otherwise identify categories of essential business, and expires on April 6.
Georgia Dept. of Banking and Finance issues closing guidance
The Georgia Department of Banking and Finance issued a statement to Georgia state-chartered banks and credit unions regarding emergency closing notification procedures. The statement provides that Georgia state-chartered financial institutions have the discretion to close business operations in the event of a natural disaster or other emergency, including situations where an emergency is imminent. The Deputy Commissioner for Supervision must be notified in the event of a main office and/or branch closure, or an alteration of the normal delivery of banking services.
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Upcoming Events
- Buckley Webcast: Community Reinvestment Act modernization – For real this time?
- Jeremiah Buckley to moderate the discussion “CFPB’s new approach to discrimination: Invoking UDAAP” at an American University Washington College of Law Symposium
- Benjamin W. Hutten to discuss “Latest on AML regulations and impact of economic sanctions” at a Mortgage Bankers Association webinar