(a) A filing fee of two thousand five hundred dollars ($2,500) will be required to file an official protest for the following applications:
- (1) New bank charter;
- (2) Merger application;
- (3) Purchase or assumption (over fifty percent (50%) of assets or liabilities);
- (4) Conversion (national to state bank);
- (5) Conversion (stock savings and loan or federal savings bank to state bank);
- (6) Relocation of main office (from one (1) municipality to another) (simple application); and
- (7) Reorganization and relocation of bank charter (complex application).
- (b) A filing fee of five hundred dollars ($500) will be required to file an official protest for a new branch banking office application (standard branch application) (Arkansas Code § 23-48-703).
(c) A filing fee of three hundred dollars ($300) will be required to file an official protest for the following applications:
- (1) Purchase or assumption (less than fifty percent (50%) of assets or liabilities);
- (2) New branch banking office application (expedited branch application), Arkansas Code § 23-48-703; and
- (3) New branch banking office application (mobile branch application), Arkansas Code § 23-48-703.
Codification Notes: This section was promulgated as Section 46-406.1 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. § 23-46-406)"