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23-47-702. Considerations determinative of grant or denial of applications.

Arkansas Code — all titles (historical 2020) · legal_authorities

23-47-702. Considerations determinative of grant or denial of applications.

23-47-702. Considerations determinative of grant or denial of applications. In determining whether to grant an application by a state bank for permission to operate a trust department to exercise the powers enumerated in this subchapter, the Bank Commissioner may take into consideration the sufficiency of the capital base of the applying state bank, the needs of the community to be served, and any other facts and circumstances that seem to him or her proper, and may grant or refuse the application accordingly.

Source: Arkansas Code — historical release 78 (November 6, 2020) · 23-47-702

Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. A text match is a research starting point; applicability is not established.

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Record provenance

Stable record: arkansas_code:legal_authorities:23-47-702
Source file: gov.ar.code.title.23.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 26aecf7a547462988936f5337e782f0f507ab9040354985c2d49f7e208b1a1da

Source location: content.xml paragraph 23024

Stored source content

23-47-702. Considerations determinative of grant or denial of applications. In determining whether to grant an application by a state bank for permission to operate a trust department to exercise the powers enumerated in this subchapter, the Bank Commissioner may take into consideration the sufficiency of the capital base of the applying state bank, the needs of the community to be served, and any other facts and circumstances that seem to him or her proper, and may grant or refuse the application accordingly.

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