Arkansas Code Title 23, Subtitle 2, Chapter 37, Subchapter 8 - Regional Savings and Loan Act of 1987
- § 23-37-801 - Title.
This subchapter shall be known and may be cited as the "Regional Savings and Loan Act of 1987".
- § 23-37-802 - Definitions.
As used in this subchapter, unless the context otherwise requires: (1) "Acquire", as applied to an association or a savings and loan holding company,...
- § 23-37-803 - Penalties and Remedies.
(a) In the event any association or savings and loan holding company consummates an acquisition that is prohibited by this subchapter, the Savings and...
- § 23-37-804 - Acts Requiring Prior Approval of the Board.
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...
- § 23-37-805 - Acts Requiring Prior Approval of Federal Authorities.
With the prior approval of the Federal Home Loan Bank Board [abolished] and other applicable federal authorities in accordance with their approval authority over...
- § 23-37-806 - Savings and Loan Holding Company Acquisitions Not Requiring Prior Approval.
(a) Without any prior approval of the Savings and Loan Association Board [abolished], a southern region savings and loan holding company having an Arkansas...
- § 23-37-807 - Applications to the Board for Approval.
(a) Whenever an application is filed as required under § 23-37-806, or if approval of the Savings and Loan Association Board [abolished] pursuant to...
- § 23-37-808 - Permissible Nondisqualified Acquisitions.
A southern region association, a southern region savings and loan holding company, an Arkansas association, or an Arkansas savings and loan holding company may...
- § 23-37-809 - Prohibited Acquisitions.
(a) Except as specifically permitted under § 23-37-812, no Arkansas association, Arkansas savings and loan holding company, southern region association, or southern region savings...
- § 23-37-810 - Acquirer of an Arkansas Association or Arkansas Savings and Loan Holding Company Subject to Arkansas Laws.
Any southern region association or southern region savings and loan holding company which directly or indirectly acquires an Arkansas association or an Arkansas savings...
- § 23-37-811 - Registration of Association -- Reports -- Regulations.
(a) Each Arkansas association, Arkansas savings and loan holding company, southern region association controlling an Arkansas association, and southern region savings and loan holding...
- § 23-37-812 - Determination of Total Deposits.
For purposes of this subchapter, the total deposits of savings and loan associations within the region shall be determined by reference to the records...
Last modified: November 15, 2016