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Section 23-36-102 - Stock ownership — Arkansas Law | CourtGPT
  1. Home/
  2. Laws/
  3. Arkansas/
  4. Title 23 - Public Utilities and Regulated Industries (§§ 23-1-101 — 23-119-105)/
  5. Subtitle 2 - Financial Institutions and Securities/
  6. Chapter 36 - Industrial Loan Institutions/
  7. Section 23-36-102 - Stock ownership
Arkansas Legal Code

Section 23-36-102 - Stock ownership

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At least two-thirds (2/3) of the stock of an industrial loan institution shall be owned by bona fide residents of the State of Arkansas.Acts 1941, No. 111, § 9; A.S.A. 1947, § 67-1009.