RULE 210.00.17-003 - Publication Requirements, Applications Before the State Banking Board

RULE 210.00.17-003. 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).

(5/22/2017)

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