§ 23-48-904 - De novo interstate branches or acquisition of interstate branches prohibited. - Arkansas Statutes

23-48-904. De novo interstate branches or acquisition of interstate branches prohibited.

(a) No state bank may establish or maintain a de novo interstate branch or engage in a transaction involving the acquisition of an interstate branch.

(b) No out-of-state bank may establish or maintain a de novo interstate branch in Arkansas or engage in a transaction involving the acquisition of an interstate branch in Arkansas.