Each registered out-of-state bank that has established and maintains a branch in this state pursuant to this subchapter shall give at least thirty (30) days' prior written notice or, in the case of an emergency transaction, shorter notice that is consistent with applicable state or federal law, to the Bank Commissioner of any merger, consolidation, or other transaction that would cause a change of control with respect to the bank or any bank holding company that controls the bank, which requires that an application be filed pursuant to the Change in Bank Control Act of 1978, 12 U.S.C. § 1817(j), or the Bank Holding Company Act of 1956, 12 U.S.C. § 1841 et seq., or any successor statutes thereto.
Ark. Code Ann. § 23-48-910
Notice of subsequent merger
Acts 1997, No. 408, § 20.
Current official text: Arkansas General Assembly. Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Arkansas statutes; confirm against the official source for the current text. Not legal advice.