§ 23-37-805 - Acts requiring prior approval of federal authorities. - Arkansas Statutes

23-37-805. Acts requiring prior approval of federal authorities.

With the prior approval of the Federal Home Loan Bank Board and other applicable federal authorities in accordance with their approval authority over the transaction and without the necessary approval of the board except for the requirements under 23-37-810:

(1) An Arkansas federal association may acquire a southern region association; and

(2) A southern region association may acquire an Arkansas federal association.