Ark. Code § 23-46-403

Current with legislation from 2024 effective through May 3, 2024.
Section 23-46-403 - Applications

When any of the following applications are filed with the Bank Commissioner, the sponsors of the applications shall give notice of filing in accordance with State Bank Department rules:

(1) An application for the issuance of a new state bank charter;
(2) An application for the merger or consolidation of one (1) or more banks into a state bank;
(3) An application for the merger or consolidation of one (1) or more savings and loan associations into a state bank;
(4) An application for the purchase by one (1) state bank of greater than fifty percent (50%) of the assets of another depository institution or an application for the assumption by one (1) state bank of greater than fifty percent (50%) of the liabilities of another depository institution; or
(5) An application for the change of a state bank's place of business from one municipality to another.

Ark. Code § 23-46-403

Amended by Act 2019, No. 315,§ 2528, eff. 7/24/2019.
Acts 1997, No. 89, § 1; 1999, No. 113, § 2; 2001, No. 63, § 1.