Nothing in this subchapter is intended to have any application to: (1) A merger under which a state bank merges into a national bank which is an Arkansas bank; (2) Any consolidation proceeding under which a state bank becomes consolidated into a national bank which is an Arkansas bank; or (3) Any proceeding under which […]
(a) (1) The Chair of the State Banking Board or the Bank Commissioner may call a special meeting of the board upon notice through a personal communication with each member of the board by telephone or through a written notice transmitted by ordinary, certified, or registered mail, personal delivery, overnight delivery, or telefacsimile directed to […]
When any of the following applications are filed with the Bank Commissioner, the sponsors of the applications shall give notice of filing in accordance with State Bank Department rules: (1) An application for the issuance of a new state bank charter; (2) An application for the merger or consolidation of one (1) or more banks […]
(a) The State Banking Board shall have the power to set and impose fees for any and all applications, regardless of whether the applications are of a type described in § 23-46-403, which are reasonably calculated to defray the costs associated with the consideration, investigation, and processing of those applications. (b) (1) The Bank Commissioner […]
(a) When the departmental investigation pursuant to § 23-46-205 or § 23-48-304 is closed and the application fees have been paid, an application filed pursuant to § 23-46-403 shall be referred to the State Banking Board for consideration by it and the Bank Commissioner at a public hearing. (b) Notice of the time, place, and […]
(a) (1) No person shall appear in opposition to the application unless the person has filed a written protest to the application within fifteen (15) days after the actual filing of the application. (2) The protest must be accompanied by a filing fee of not less than two thousand dollars ($2,000) nor more than five […]
(a) The State Banking Board shall render its decision in writing at or after a hearing before it, which decision shall include the board’s findings of fact and conclusions of law. (b) (1) (A) If the application is approved by the board, the Bank Commissioner may, in the event that he or she also shall […]