{"data":{"id":"us-ar/ark.-code-ann.-23-37-704","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 23-37-704","heading":"Contemporaneous conversion from federal mutual to state stock association","body":"(a) A federal association may file with the Savings and Loan Association Board [abolished] a joint petition for authority to convert from a federal association to a state-chartered association and contemporaneously to convert from a mutual association to a stock association.\n\n(b) Pursuant to the provisions of § 23-37-703 , the board may hold a hearing on the petition and issue its certificate of preliminary approval to a contemporaneous conversion from a federal association to a state-chartered stock association.","path":["AR Code","Title 23","Chapter 37","Subchapter 7"],"source_url":"https://oss-data-us.vaquill.ai/v2026.08/us_ar_statutes.parquet","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:41Z","sha256":"6eecbb3b99730421642faebe418fc85e3e7c2001070062c7bdf85d45e085e813","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-23-37-703","next":"us-ar/ark.-code-ann.-23-37-705"},"notice":"GroundRules: Original legal text. Not legal advice."}