§ 23-46-403 — Applications

Arkansas § 23-46-403

• Jurisdiction: Arkansas
• Title: 23

Text

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.

Legislative History

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