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(a) The total indebtedness to any state bank of any person shall at no time exceed twenty percent (20%) of the capital base of the bank. (1) Obligations of a person as endorser or guarantor, accommodation or otherwise, of notes or other obligations shall be included in that person's loan limit. Arkansas Code § 23-47-501 (2020) - Loan limits ? Maximum generally justia.com ? subchapter-5 ? section-23-47-501 justia.com ? subchapter-5 ? section-23-47-501
How long does it take to complete a filing with the Corporations Division? The Division completes most filings such as articles of incorporation, amendments, mergers or dissolutions within two business days of receipt. Business Services FAQ - Arkansas Secretary of State Arkansas Secretary of State (.gov) ? business-services-faq Arkansas Secretary of State (.gov) ? business-services-faq
(a) A person commits false swearing if other than in an official proceeding he or she makes a false material statement, knowing it to be false, under an oath required or authorized by law or in an unsworn declaration under the Uniform Unsworn Foreign Declarations Act, § 16-2-201 et seq.