Ark. Code Ann. § 23-37-805

Acts requiring prior approval of federal authorities

Year: 2026Length: 142 words
With the prior approval of the Federal Home Loan Bank Board [abolished] and other applicable federal authorities in accordance with their approval authority over the transaction and without the necessary approval of the board except for the requirements under § 23-37-810 : (1) An Arkansas federal association may acquire a southern region association; and (2) A southern region association may acquire an Arkansas federal association. Acts 1987, No. 45, § 4. With the prior approval of the Federal Home Loan Bank Board [abolished] and other applicable federal authorities in accordance with their approval authority over the transaction and without the necessary approval of the board except for the requirements under § 23-37-810 : (1) An Arkansas federal association may acquire a southern region association; and (2) A southern region association may acquire an Arkansas federal association. Acts 1987, No. 45, § 4.