{"data":{"id":"us-ar/ark.-code-ann.-23-37-804","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 23-37-804","heading":"Acts requiring prior approval of the board","body":"With the prior approval of the Savings and Loan Association Board [abolished] in accordance with § 23-37-807(a) and upon receipt of approval from all other applicable state and federal regulatory authorities having approval authority over the transaction: (1) A company may become an Arkansas savings and loan holding company; (2) An Arkansas savings and loan holding company may acquire: (A) An Arkansas association or other Arkansas savings and loan holding company; (B) A southern region association or a southern region savings and loan holding company; and (C) An association or savings and loan holding company having association offices which are located outside of the southern region as authorized under § 23-37-811(a) ; (3) A southern region savings and loan holding company may acquire a southern region savings and loan holding company having an Arkansas association subsidiary; (4) An Arkansas state association may acquire a southern region association; and (5) A southern region association may acquire an Arkansas state association. Acts 1987, No. 45, § 3.\n\nWith the prior approval of the Savings and Loan Association Board [abolished] in accordance with § 23-37-807(a) and upon receipt of approval from all other applicable state and federal regulatory authorities having approval authority over the transaction:\n\n(1) A company may become an Arkansas savings and loan holding company;\n\n(2) An Arkansas savings and loan holding company may acquire: (A) An Arkansas association or other Arkansas savings and loan holding company; (B) A southern region association or a southern region savings and loan holding company; and (C) An association or savings and loan holding company having association offices which are located outside of the southern region as authorized under § 23-37-811(a) ;\n\n(A) An Arkansas association or other Arkansas savings and loan holding company;\n\n(B) A southern region association or a southern region savings and loan holding company; and\n\n(C) An association or savings and loan holding company having association offices which are located outside of the southern region as authorized under § 23-37-811(a) ;\n\n(3) A southern region savings and loan holding company may acquire a southern region savings and loan holding company having an Arkansas association subsidiary;\n\n(4) An Arkansas state association may acquire a southern region association; and\n\n(5) A southern region association may acquire an Arkansas state association.","path":["AR Code","Title 23","Chapter 37","Subchapter 8"],"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":"7a94892148e706a4b6be8d1753aa86f67c0d357787d95a95b2696515219786d8","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-23-37-803","next":"us-ar/ark.-code-ann.-23-37-805"},"notice":"GroundRules: Original legal text. Not legal advice."}