(a) All applications which the State Banking Board is empowered to consider for approval or disapproval shall, as soon as practicable, be submitted by the Bank Commissioner to the board for consideration at a regular meeting of the board or at a special meeting called for the purpose thereof.
(b) Applications of the types described in § 23-46-304(a)(1)-(4) must demonstrate that the applicant has the minimum amount of capital that the commissioner may require.
Structure Arkansas Code
Title 23 - Public Utilities and Regulated Industries
Subtitle 2 - Financial Institutions And Securities
Chapter 46 - State Bank Department and State Banking Board
Subchapter 3 - State Banking Board
§ 23-46-301. Creation — Members — Administration
§ 23-46-302. Special State Banking Board members
§ 23-46-303. Study of banking statutes
§ 23-46-304. Powers of State Banking Board — Filings with Bank Commissioner