210.00.17 Ark. Code R. 003 - Publication Requirements, Applications Before the State Banking Board
46.403.1. - PUBLICATION REQUIREMENTS
APPLICATIONS BEFORE THE STATE BANKING BOARD (Reference A.C.A. ยง
23-46-403)
Sponsors of the following applications must publish notice of the proposed application once a week for three (3) consecutive weeks in a newspaper of statewide circulation. The first publication shall be within ten (10) calendar days prior to the application's filing date. Publications must provide for a fifteen (15) day comment period beginning with the actual filing of the application. These applications are:
(1) New state bank charters;
(2) Merger or consolidation applications
between one or more banks, or saving and loan associations into a state
bank;
(3) Purchase or assumption
application (over 50% of the assets or liabilities) of another depository
institution; and
(4) Change of a
state bank's main banking office from one municipality to another (Simple or
Complex Application).
Notes
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