(a)
- (1) Meetings of the State Banking Board will be held in offices of the State Bank Department, except in the case of meetings at which a large attendance is anticipated.
- (2) In such a situation, the Bank Commissioner will arrange for a meeting in outside quarters where a larger space is available.
(b)
- (1) Regular meetings of the board may be scheduled four (4) times a year.
- (2) These meetings will be held at 10:00 a.m. on the third Thursday of January, April, July, and October, but if, in the opinion of either the commissioner or chair of the board, any necessitous reason exists for changing the date of a regular meeting, either said commissioner or chair may reset the meeting for a different date after giving notice as required in this part for the call of a special meeting.
- (c) All meetings are public except when the members meet in executive session as permitted under the Freedom of Information Act of 1967, Arkansas Code § 25-19-101 et seq.
Codification Notes: This section was promulgated as Section 46-402.1 of the State Bank Department Rules prior to codification into the Code of Arkansas Rules. This section as promulgated prior to codification into the Code of Arkansas Rules provided as follows: "(Reference A.C.A. § 23-46-402)"