Arkansas Statutes
§ 23-48-605 — State bank and holding company to remain separate - Nonliability of directors, officers, etc
Arkansas § 23-48-605
JurisdictionArkansas
Title23
This text of Arkansas § 23-48-605 (State bank and holding company to remain separate - Nonliability of directors, officers, etc) 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. § 23-48-605 (2026).
Text
The state bank and the bank holding company shall remain separate and distinct entities in all respects, with neither entity having any liability to the creditors or depositors, if any, or the stockholders of the other, or for any acts or omissions of the officers, directors, stockholders, or representatives of the other, other than obligations which may be expressly provided for in the plan of exchange.
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Legislative History
Acts 1997, No. 89, § 1; 1999, No. 117, § 3.
Nearby Sections
15
§ 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 § 23-48-605, Counsel Stack Legal Research, https://law.counselstack.com/statute/ar/23-48-605.