Financial Institutions Regulatory And Interest Rate Control Act of 1978. Part 2. the Safe Banking Act of 1977, Part 2
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In Ilic opmi.in of XBG's .M.ui.i-ement. ihese.suils geiicrallv r.i.i\ be eniisidered oidiii.ii\' litigation incidental to ihe conduct of the busines.s,-Ntorem7''r. .Mjn.e.;einc'nt. after ( onsultu,'.; with counsel, is of t!ie Opinion that Xl'X; has.uieritonoiis defiiises lo the claniis .issri led .ind ihr nlliiiKiti' nuUomc of siuh pmding actions and lTi7i. i edii i ^'. Ill ihe .ejgiL". ' .ile. -5honld nu t liaxf-T-mntrml-T-ffCT-t-Tm— XtiG'y-finanrt a l i.n ii dili on . 625 *^fij;^! Commcvcbd '...^J. -ion Ca..npaiii^3 11 > . '.U >r I'l Ai. :i I Id I. M., \. \'... A IXAM ■>, t.lAlKC.IA !0)0'; February 10, 1976 ;•-■. James H. Dickson, Jr, i^xecuCive Vice President ;iational Bank of Georgia 34 PeacaCree Street Atlanta, Georgia 30301 Dear Kr. Dickson: National Bank of Georgia Bankers Blanket Bond CZ-7000303 Your letter of February 2, 1976 has been reviewed. This is to confirm my letter of January S, 1073 and to advise as respects the specific actions enumerated tlierein that we do act construe such ctions Lo constitute fraudulent or dislionest acts witliin the meaning of ection II of the above bond, and Lhcvcfore '.;o consider the coverage as 3 afforded by th.e bond on the officers involved to he in full force and effect.
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