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§ 23-37-101. Definitions

(a) As used in this chapter, unless the context otherwise requires: (1) “Association” means a corporation carrying on the business of a savings and loan association or a building and loan association under a charter issued by the State of Arkansas; (2) “Board” means the Savings and Loan Association Board [abolished] duly appointed and acting […]

§ 23-37-102. Acts 1963, No. 227, controlling

Insofar as the provisions of this act are inconsistent with the provisions of any other law affecting savings and loan associations or building and loan associations, the provisions of this act shall control.

§ 23-37-103. Authority to do business as savings and loan association

(a) From and after March 13, 1963, it shall be unlawful for any person, firm, company, association, fiduciary, partnership, or corporation, by whatever name called, except banks, to do business as a savings and loan association or a building and loan association within this state or to maintain any office in this state for the […]

§ 23-37-104. Preexisting associations

(a) The name, rights, powers, privileges, and immunities of every corporation incorporated in this state prior to March 13, 1963, and authorized under the laws of this state to carry on the business of a building and loan association or savings and loan association shall be governed, controlled, construed, extended, limited, and determined by the […]

§ 23-37-106. Federal savings and loan associations

Unless federal laws or regulations provide otherwise, federal associations and the members thereof, incorporated pursuant to the Home Owners’ Loan Act of 1933, shall possess all of the rights, powers, privileges, benefits, immunities, and exemptions that are provided for associations under this act. The making of any sections of this act specifically applicable to federal […]

§ 23-37-107. Fees

The Supervisor of Savings and Loan Associations shall collect in advance, and the person or association so served shall pay, the following fees and charges: (1) In charter application proceedings: (A) For filing an application for charter, one thousand five hundred dollars ($1,500); (B) For filing a protest to an application for charter, one thousand […]

§ 23-37-108. Associations subject to gross receipts and compensating taxes

All savings and loan associations organized pursuant to the laws of this state and doing business in this state and all federal savings and loan associations doing business in this state shall be subject to the Arkansas Gross Receipts Act of 1941, § 26-52-101 et seq., and the Arkansas Compensating Tax Act of 1949, § […]