Arkansas Statutes

§ 23-37-803 — Penalties and remedies

Arkansas § 23-37-803

This text of Arkansas § 23-37-803 (Penalties and remedies) 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. § 23-37-803 (2026).

Text

(a)In the event any association or savings and loan holding company consummates an acquisition that is prohibited by this subchapter, the Savings and Loan Association Board [abolished] shall require the association or savings and loan holding company to divest itself within two (2) years of its direct or indirect ownership or control of all Arkansas associations or Arkansas savings and loan holding companies.
(b)The board shall have the power to enforce the prohibitions contained in these sections through the imposition of fines and penalties, the issuance of cease and desist orders, and such other remedies as are provided by law.

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Legislative History

Acts 1987, No. 45, § 11.

Nearby Sections

15
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Bluebook (online)
Arkansas § 23-37-803, Counsel Stack Legal Research, https://law.counselstack.com/statute/ar/23-37-803.