The biggest problem with that is if there is a leak in the tank the seam between the glass is compromised as well. It could just be a slow leak or it be the start of something worse.
Many people argue all that needs to be replaced is that corner bead and you will be fine. I dont necessarily agree, I think that's only doing a partial job of resealing a tank. That all said, that corner bead has very little structural strength, the tank is primarily held by silicone between the panels, a tank can be built without the corner silicone, its primary purpose is to protect the structural seams.
So, just replacing the corner bead, sure, you could use GE silicones. I wouldn't, but I like knowing there are no potential flaws in my silicone.
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