§ 23-36-106 - Statement on call. - Arkansas Statutes

23-36-106. Statement on call.

(a) Every industrial loan institution operating under the supervision of the Bank Commissioner shall make to the commissioner, whenever required by him, a statement of its assets and liabilities at the close of business on the day designated, which day shall be prior to the call of the commissioner.

(b) The commissioner shall give no notice to any person whatever of the date on which he will call for the statement.

(c) The report shall be verified by the oath of either the president, vice president, cashier, or secretary of the institution, and, in addition thereto, it shall be attested to by not fewer than two (2) directors.