The capitalization of a proposed stock or mutual association shall be in accordance with rules established by the Savings and Loan Association Board [abolished]. In establishing its requirements, the board may consider those requirements established by the Federal Savings and Loan Insurance Corporation [abolished], but its requirements may not be greater than those prescribed by that corporation.
Structure Arkansas Code
Title 23 - Public Utilities and Regulated Industries
Subtitle 2 - Financial Institutions And Securities
Chapter 37 - Savings And Loan Associations
§ 23-37-301. Application for charter
§ 23-37-302. Capitalization requirements generally
§ 23-37-303. Permanent capital stock
§ 23-37-304. Permanent stock associations — Paid-in surplus requirements
§ 23-37-305. Permanent stock associations — Initial subscriptions to savings accounts
§ 23-37-306. Mutual associations — Expense fund requirement
§ 23-37-308. Insurance of accounts
§ 23-37-309. Hearings on charter applications
§ 23-37-310. Approval or denial of application for charter
§ 23-37-311. Failure to commence business — Cancellation of charter
§ 23-37-312. Amendment of charter and bylaws
§ 23-37-313. Changes in name, location, etc
§ 23-37-314. Indemnity bonds of directors, officers, and employees