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Ark. Code Ann. § 23-51-138

Objection to other transfer

Known as the Arkansas Trust Institutions Act

The act spans §§ 23–23 (100 sections).

Acts 1997, No. 940, § 38.

This chapter may not be construed to prevent the Bank Commissioner from investigating, commenting on, or seeking to enjoin or set aside a transfer of voting securities that evidence a direct or indirect interest in a state trust company, regardless of whether the transfer is included within this chapter, if the commissioner considers the transfer to be against the public interest.

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.