No association chartered under this chapter shall carry on the business of a savings and loan association in this state until it has filed with the Supervisor of Savings and Loan Associations satisfactory evidence that its savings accounts are insured by the Federal Savings and Loan Insurance Corporation [abolished] or other similar agency or corporation of the United States.
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