Arkansas Code Title 23, Subtitle 2, Chapter 35, Subchapter 7 - Merger, Conversion, or Dissolution

• § 23-35-701 - Merger.
  (a) Any credit union other than a central credit union may, with the approval of the State Credit Union Supervisor, merge with any other...
• § 23-35-702 - Conversion to or From Federal Credit Union.
  The State Credit Union Supervisor shall issue regulations to permit the conversion of a credit union operating under this chapter to a federal credit...
• § 23-35-703 - Voluntary Dissolution.
  A credit union may elect to dissolve voluntarily and wind up its affairs in the following manner: (1) The board of directors of the...
• § 23-35-704 - Suspension of Operations -- Involuntary Liquidation.
  (a) If it shall appear that any credit union is bankrupt or insolvent, that it has willfully violated any of the provisions of this...
• § 23-35-705 - Procedure for Liquidation or Dissolution.
  (a) The credit union shall continue in existence for the purposes of discharging its debts, collecting and distributing its assets, and doing all acts...

Last modified: November 15, 2016