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.
Structure Arkansas Code
Title 23 - Public Utilities and Regulated Industries
Subtitle 2 - Financial Institutions And Securities
Chapter 37 - Savings And Loan Associations
Subchapter 8 - Regional Savings and Loan Act of 1987
§ 23-37-803. Penalties and remedies
§ 23-37-804. Acts requiring prior approval of the board
§ 23-37-805. Acts requiring prior approval of federal authorities
§ 23-37-806. Savings and loan holding company acquisitions not requiring prior approval
§ 23-37-807. Applications to the board for approval
§ 23-37-808. Permissible nondisqualified acquisitions
§ 23-37-809. Prohibited acquisitions