When a resulting state bank is not to exercise trust powers, the Bank Commissioner shall not approve a merger or conversion until satisfied that adequate provision has been made for successors to fiduciary positions held by the merging banks or the converting bank.
Structure Arkansas Code
Title 23 - Public Utilities and Regulated Industries
Subtitle 2 - Financial Institutions And Securities
Chapter 48 - Organization and Operation
§ 23-48-502. Merger or conversion of state bank into national bank
§ 23-48-503. Merger of bank, bank holding company, or savings and loan association into state bank
§ 23-48-504. Conversion of national bank or savings and loan association into state bank
§ 23-48-505. Merger of state bank into an out-of-state state-chartered bank
§ 23-48-506. Dissenting stockholders
§ 23-48-507. Continuation of corporate entity — Use of old name
§ 23-48-508. Resulting state bank — Time for conformance with state law
§ 23-48-509. Merger of wholly owned Arkansas bank holding company into state bank
§ 23-48-510. Purchases or assumptions by a state bank
§ 23-48-512. Provisions when resulting state bank not to exercise trust powers