After March 22, 1937, it shall not be lawful to organize or create and there shall not be organized or created any cooperative bank as defined in § 4-30-201, and the Secretary of State shall issue no certificates of incorporation or charters for cooperative banks.
Structure Arkansas Code
Title 4 - Business and Commercial Law
Subtitle 3 - Corporations and Associations
Chapter 30 - Cooperative Associations
Subchapter 2 - Cooperative Banks
§ 4-30-202. Applicability of subchapter
§ 4-30-203. Subchapter cumulative
§ 4-30-204. Future incorporation of cooperative banks prohibited
§ 4-30-205. Conditional termination of corporate existence
§ 4-30-206. Noncomplying banks — Supervision by commissioner
§ 4-30-207. Banks declared investment companies — Penalty — Exception