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23-48-508. Resulting state bank — Time for conformance with state law.

Arkansas Code — all titles (historical 2020) · legal_authorities

23-48-508. Resulting state bank — Time for conformance with state law.

23-48-508. Resulting state bank — Time for conformance with state law. If a party to a merger or converting bank has assets which do not conform to the requirements of state law for the resulting state bank or if it carries on business activities which are not permitted for the resulting state bank, the Bank Commissioner may permit a reasonable time in which to conform with state law.

Source: Arkansas Code — historical release 78 (November 6, 2020) · 23-48-508

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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Authority boundary: historical statutory source snapshot not current law.

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Record provenance

Stable record: arkansas_code:legal_authorities:23-48-508
Source file: gov.ar.code.title.23.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 1615da7752131d87f0380eae01c6b4cb0e3206bd321a935c65a61467a6c7d8fe

Source location: content.xml paragraph 24048

Stored source content

23-48-508. Resulting state bank — Time for conformance with state law. If a party to a merger or converting bank has assets which do not conform to the requirements of state law for the resulting state bank or if it carries on business activities which are not permitted for the resulting state bank, the Bank Commissioner may permit a reasonable time in which to conform with state law.

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