(a) The registered agent of an out-of-state bank may resign his or her agency appointment by signing and delivering to the Bank Commissioner for filing the original and two (2) exact or conformed copies of a statement of resignation. The statement of resignation may include a statement that the registered office is also discontinued.
(b) After filing the statement, the commissioner shall attach the filing receipt to one (1) copy and mail the copy and receipt to the registered office if not discontinued. The commissioner shall mail the other copy to the out-of-state bank at its principal office address shown in its most recent annual franchise tax report.
(c) The agency appointment is terminated, and the registered office discontinued if so provided, on the thirty-first day after the date on which the statement was filed.
Structure Arkansas Code
Title 23 - Public Utilities and Regulated Industries
Subtitle 2 - Financial Institutions And Securities
Chapter 48 - Organization and Operation
Subchapter 10 - Registration of Out-of-State Banks
§ 23-48-1001. Application for certificate of authority
§ 23-48-1002. Amended certificate of authority
§ 23-48-1003. Effect of certificate of authority
§ 23-48-1004. Registered office and registered agent of out-of-state bank
§ 23-48-1005. Change of registered office or registered agent of out-of-state bank
§ 23-48-1006. Resignation of registered agent of out-of-state bank
§ 23-48-1007. Service on out-of-state banks
§ 23-48-1008. Withdrawal of out-of-state bank
§ 23-48-1009. Grounds for revocation. [Effective until May 1, 2021.]
§ 23-48-1009. Grounds for revocation. [Effective May 1, 2021.]