Browse Arkansas Code titles and sections
4-30-206. Noncomplying banks — Supervision by commissioner.
Arkansas Code — all titles (historical 2020) · legal_authorities
4-30-206. Noncomplying banks — Supervision by commissioner.
On failure of any cooperative bank organized under this chapter prior to March 22, 1937, to comply with the provisions of § 4-30-205, it shall become the duty of the Bank Commissioner to take charge of the cooperative bank under the provisions of Acts 1931, No. 109, § 8 [repealed].
Source: Arkansas Code — historical release 78 (November 6, 2020) · 4-30-206
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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Stable record: arkansas_code:legal_authorities:4-30-206
Source file: gov.ar.code.title.04.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 01a771787b0acd7ad7b5c08bd3a411e3f62d8e0199d5862a5ab3862a75497597
Source location: content.xml paragraph 20437
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4-30-206. Noncomplying banks — Supervision by commissioner.
On failure of any cooperative bank organized under this chapter prior to March 22, 1937, to comply with the provisions of § 4-30-205, it shall become the duty of the Bank Commissioner to take charge of the cooperative bank under the provisions of Acts 1931, No. 109, § 8 [repealed].
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Arkansas Code — all titles (historical 2020) · legal_authorities
4-30-205. Conditional termination of corporate existence.
The corporate existence of all of such cooperative banks organized under this chapter prior to March 22, 1937, which are situated in cities, towns, and communities in which there is established and placed in operation a state or national bank or a teller's window branch thereof after March 22, 1937, shall expire and terminate not later than eighteen (18) months from the date that the state or national bank or a teller's window branch thereof opens or opened for business. However, no teller's window branch of any bank shall be placed in any incorporated town where a cooperative bank is in existence in the event a majority of the real property owners within the incorporated limits of the town or city shall protest by petition the State Bank Department's granting its permission to place a teller's window in the city or town.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 4-30-205
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. The source passage cites 4-30-205. This identifies an authority to review, not proof of applicability.