- (a) Sponsors of the following applications must publish notice of the proposed application once a week for three (3) consecutive weeks in a newspaper of statewide circulation.
- (b) The first publication shall be within ten (10) calendar days prior to the application’s filing date.
- (c) Publications must provide for a fifteen-day comment period beginning with the actual filing of the application.
(d) These applications are:
- (1) New state bank charters;
- (2) Merger or consolidation applications between one (1) or more banks, or saving and loan associations into a state bank;
- (3) Purchase or assumption application (over fifty percent (50%) of the assets or liabilities) of another depository institution; and
- (4) Change of a state bank’s main banking office from one (1) municipality to another (simple or complex application).
Codification Notes: This section was promulgated as Section 46-403.1 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. § 23-46-403)"