Browse Arkansas Code titles and sections
23-48-605. State bank and holding company to remain separate — Nonliability of directors, officers, etc.
Arkansas Code — all titles (historical 2020) · legal_authorities
23-48-605. State bank and holding company to remain separate — Nonliability of directors, officers, etc.
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.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 23-48-605
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:23-48-605
Source file: gov.ar.code.title.23.odt
Pages: Not recorded – Not recorded
Passage SHA-256: a52fa6e372309f210a46c8cfcccc392729b7c7fff5eb283525d959ec8ad4e58d
Source location: content.xml paragraph 24215
Stored source content
23-48-605. State bank and holding company to remain separate — Nonliability of directors, officers, etc.
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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