Arkansas Statutes
§ 23-37-305 — Permanent stock associations - Initial subscriptions to savings accounts
Arkansas § 23-37-305
JurisdictionArkansas
Title23
This text of Arkansas § 23-37-305 (Permanent stock associations - Initial subscriptions to savings accounts) is published on Counsel Stack Legal Research, covering Arkansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Ark. Code Ann. § 23-37-305 (2026).
Text
As a prerequisite to approval of any application for a proposed permanent stock association, the incorporators must show, to the satisfaction of the Savings and Loan Association Board [abolished], subscribed savings accounts from individuals in the aggregate number and amount which, in the opinion of the board, will justify the initial successful operation of the association.
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Legislative History
Acts 1963, No. 227, § 30; A.S.A. 1947, § 67-1830.
Nearby Sections
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§ 23-1-101
Definitions§ 23-1-103
Compliance with Acts 1935, No. 324, and rules of commission required - Penalties for noncompliance§ 23-1-106
Penalties cumulative - Recovery of penalty not bar to further penalty or criminal prosecution§ 23-1-108
Jurisdiction and venue of actions§ 23-1-110
Actions tried without jury - Exceptions§ 23-1-111
Copies of official papers as evidence§ 23-1-115
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Bluebook (online)
Arkansas § 23-37-305, Counsel Stack Legal Research, https://law.counselstack.com/statute/ar/23-37-305.