With the prior approval of the Savings and Loan Association Board [abolished] in accordance with § 23-37-807(a) and upon receipt of approval from all other applicable state and federal regulatory authorities having approval authority over the transaction:
(1) A company may become an Arkansas savings and loan holding company;
(2) An Arkansas savings and loan holding company may acquire:
(A) An Arkansas association or other Arkansas savings and loan holding company;
(B) A southern region association or a southern region savings and loan holding company; and
(C) An association or savings and loan holding company having association offices which are located outside of the southern region as authorized under § 23-37-811(a);
(3) A southern region savings and loan holding company may acquire a southern region savings and loan holding company having an Arkansas association subsidiary;
(4) An Arkansas state association may acquire a southern region association; and
(5) A southern region association may acquire an Arkansas state association.
Section: Previous 23-37-802 23-37-803 23-37-804 23-37-805 23-37-806 23-37-807 23-37-808 23-37-809 23-37-810 23-37-811 23-37-812 NextLast modified: November 15, 2016