Statutes, codes, and regulations
Arkansas Code of 1987
Title 23 - PUBLIC UTILITIES AND REGULATED INDUSTRIESSubtitle 2 - FINANCIAL INSTITUTIONS AND SECURITIESChapter 48 - ORGANIZATION AND OPERATION
Subchapter 5 - MERGERS, CONSOLIDATIONS, CONVERSIONS, EMERGENCY ACQUISITIONS, PURCHASES, OR ASSUMPTIONS
Section 23-48-512 - Provisions when resulting state bank not to exercise trust powers

Ark. Code § 23-48-512

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Current with legislation from 2024 Fiscal and Special Sessions.
Section 23-48-512 - Provisions when resulting state bank not to exercise trust powers

When a resulting state bank is not to exercise trust powers, the Bank Commissioner shall not approve a merger or conversion until satisfied that adequate provision has been made for successors to fiduciary positions held by the merging banks or the converting bank.

Ark. Code § 23-48-512

Acts 1997, No. 89, § 1; 1997, No. 408, § 15.