Try our Advanced Search for more refined results

Expert Analysis

Risks And Rewards Of Ga.'s MALP Bank Charter

Law360, New York (June 28, 2012, 2:03 PM EDT) -- On March 28, 2012, Georgia Governor Nathan Deal signed into law the Georgia Merchant Acquirer Limited Purpose Bank Act, which creates a new state charter for payment card merchant processors. The act allows entities to be chartered as "merchant acquirer limited purpose banks" ("MALP banks"), effectively allowing them to participate in payment card networks without having to engage in bank identification number (BIN) rental arrangements or be classified as a "bank."...

Law360 is on it, so you are, too.

A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.


A Law360 subscription includes features such as

  • Daily newsletters
  • Expert analysis
  • Mobile app
  • Advanced search
  • Judge information
  • Real-time alerts
  • 450K+ searchable archived articles

And more!

Experience Law360 today with a free 7-day trial.

Start Free Trial

Already a subscriber? Click here to login

Related Sections

Law Firms

Government Agencies

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!