Ark. Code § 23-37-805

Current with legislation from 2024 Fiscal and Special Sessions.

Section 23-37-805 - Acts requiring prior approval of federal authorities

With the prior approval of the Federal Home Loan Bank Board [abolished] and other applicable federal authorities in accordance with their approval authority over the transaction and without the necessary approval of the board except for the requirements under § 23-37-810:

(1) An Arkansas federal association may acquire a southern region association; and

(2) A southern region association may acquire an Arkansas federal association.

Ark. Code § 23-37-805

Acts 1987, No. 45, § 4.