Arkansas § 23-51-191 Removal of directors, officers, and employees

Arkansas Statutes

§ 23-51-191 — Removal of directors, officers, and employees

Arkansas § 23-51-191

Title23

This text of Arkansas § 23-51-191 (Removal of directors, officers, and employees) 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. § 23-51-191 (2026).

Text

Consistent with § 23-51-189 , the Bank Commissioner shall have the right, and is hereby empowered, to require the immediate removal from office of any officer, director, or employee of any authorized trust institution who shall be found to be dishonest, incompetent, or reckless in the management of the affairs of the authorized trust institution or who persistently violates the laws of this state or the lawful orders, instructions, and rules issued by the commissioner.

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Consistent with § 23-51-189 , the Bank Commissioner shall have the right, and is hereby empowered, to require the immediate removal from office of any officer, director, or employee of any authorized trust institution who shall be found to be dishonest, incompetent, or reckless in the management of the affairs of the authorized trust institution or who persistently violates the laws of this state or the lawful orders, instructions, and rules issued by the commissioner.