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23-48-323. Officers — Selection — Terms — Bonds.

Arkansas Code — all titles (historical 2020) · legal_authorities

23-48-323. Officers — Selection — Terms — Bonds.

23-48-323. Officers — Selection — Terms — Bonds. (a)(1) A state bank shall have: (A) A president or chief executive officer, or both; (B) A secretary; and (C) Any other officers as the directors may from time to time designate. (2) An individual may hold more than one (1) office. (b) The officers shall hold their offices for a term of one (1) year or until successors are elected unless sooner removed by the board of directors. (c) The board shall require bonds of the officers as it shall deem proper and necessary to protect the funds of the state bank.

Source: Arkansas Code — historical release 78 (November 6, 2020) · 23-48-323

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:23-48-323
Source file: gov.ar.code.title.23.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 264f4ec00b9b57cc9f95e6facc71373413f0bf57d639d28fc5fa27e036b94e9d

Source location: content.xml paragraph 23756

Stored source content

23-48-323. Officers — Selection — Terms — Bonds. (a)(1) A state bank shall have: (A) A president or chief executive officer, or both; (B) A secretary; and (C) Any other officers as the directors may from time to time designate. (2) An individual may hold more than one (1) office. (b) The officers shall hold their offices for a term of one (1) year or until successors are elected unless sooner removed by the board of directors. (c) The board shall require bonds of the officers as it shall deem proper and necessary to protect the funds of the state bank.

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