Ark. Code § 23-48-405

Current with legislation from 2024 Fiscal and Special Sessions.

Section 23-48-405 - Ownership or control of subsidiaries

It shall be unlawful for a bank holding company to directly or indirectly own or control more than one (1) bank subsidiary if any such bank subsidiary with its main office in Arkansas has a de novo charter.

Acts 1997, No. 89, § 1; 1997, No. 408, § 10.