Arkansas Code Title 23, Subtitle 2, Chapter 46, Subchapter 2 - State Bank Department
- § 23-46-201 - Creation.
There is created and established, at the seat of government of this state, a department to be known as the State Bank Department.
- § 23-46-202 - Offices.
(a) The State Bank Department may own, acquire, construct, reconstruct, extend, equip, improve, maintain, operate, lease, contract concerning, or otherwise deal in and with...
- § 23-46-203 - Seal -- Evidentiary Effect -- Fees.
(a) An appropriate seal shall be procured to be the official seal for the State Bank Department.(b) Every paper executed by the Bank Commissioner...
- § 23-46-204 - Bank Commissioner -- Appointment and Removal.
(a) The Governor, by and with the advice and consent of the Senate, shall appoint a Bank Commissioner who shall: (1) Be a resident...
- § 23-46-205 - Bank Commissioner -- Powers and Duties.
(a) The Bank Commissioner shall be charged with the general supervision of financial institutions, the execution of all laws passed by the State of...
- § 23-46-206 - Employment and Duties of Staff Generally.
(a) (1) The Bank Commissioner shall employ from time to time the assistants, examiners, clerks, stenographers, counsel, and other personnel as he or she...
- § 23-46-207 - Interests in Financial Institutions Prohibited.
(a) (1) No employee or officer of the State Bank Department who participates in the examination of a financial institution, or who may be...
- § 23-46-208 - Employee Bonds.
(a) All employees shall be required to furnish bonds in such amounts as the Bank Commissioner shall deem sufficient to cover the liabilities of...
- § 23-46-209 - Records and Financial Reports -- Disposition of Funds.
(a) (1) The Bank Commissioner shall keep a true and perfect record of all of the business of the State Bank Department and shall...
- § 23-46-210 - Annual and Biennial Reports of Bank Commissioner.
(a) The Bank Commissioner shall make an annual report to the Governor of the work and the business of the State Bank Department, which...
- § 23-46-211 - Retention of State Bank Department Records.
(a) The State Bank Department shall retain its general records for at least ten (10) years, with the following exceptions: (1) Transcripts of hearings...
- § 23-46-212 - Emergency Powers of Bank Commissioner -- Legislative Findings and Intent -- Definitions.
(a) The General Assembly: (1) Finds that in the event of an emergency, the Bank Commissioner should be authorized to take appropriate action to...
Last modified: November 15, 2016