State Codes and Statutes

Statutes > Arkansas > Title-23 > Subtitle-2 > Chapter-51 > 23-51-191

23-51-191. Removal of directors, officers, and employees.

Consistent with 23-51-189, the Bank Commissioner shall have the right, and is hereby empowered, to require the immediate removal from office of any officer, director, or employee of any authorized trust institution, who shall be found to be dishonest, incompetent, or reckless in the management of the affairs of the authorized trust institution, or who persistently violates the laws of this state or the lawful orders, instructions, and regulations issued by the commissioner.

State Codes and Statutes

Statutes > Arkansas > Title-23 > Subtitle-2 > Chapter-51 > 23-51-191

23-51-191. Removal of directors, officers, and employees.

Consistent with 23-51-189, the Bank Commissioner shall have the right, and is hereby empowered, to require the immediate removal from office of any officer, director, or employee of any authorized trust institution, who shall be found to be dishonest, incompetent, or reckless in the management of the affairs of the authorized trust institution, or who persistently violates the laws of this state or the lawful orders, instructions, and regulations issued by the commissioner.