(a) When the departmental investigation pursuant to § 23-46-205 or § 23-48-304 is closed and the application fees have been paid, an application filed pursuant to § 23-46-403 shall be referred to the State Banking Board for consideration by it and the Bank Commissioner at a public hearing.(b) Notice of the time, place, and purpose of the meeting shall be given at least thirty (30) days before the hearing as follows:(1) By letter from the commissioner to the sponsors of the application and to any protestant that has filed an official written protest to the application; and(2) By release to news media.Acts 1997, No. 89, § 1; 1999, No. 113, § 3.

(a) When the departmental investigation pursuant to § 23-46-205 or § 23-48-304 is closed and the application fees have been paid, an application filed pursuant to § 23-46-403 shall be referred to the State Banking Board for consideration by it and the Bank Commissioner at a public hearing.(b) Notice of the time, place, and purpose of the meeting shall be given at least thirty (30) days before the hearing as follows:(1) By letter from the commissioner to the sponsors of the application and to any protestant that has filed an official written protest to the application; and(2) By release to news media.Acts 1997, No. 89, § 1; 1999, No. 113, § 3.