First State Building & Loan Ass'n v. Arkansas Savings & Loan Association Board
Supreme Court of Arkansas
1ConcurrenceJohn A. Fogleman, Justice
I concur in the result. I do not agree that the statutory construction urged by appellant would require that the name of the full-time manager be submitted with the application before the Board could find that the applicant would have full-time management. This finding could be assured by other means, one of which is approval by the Board, when the manager is employed. See First Federal Savings & Loan Ass’n. v. Arkansas Savings & Loan Ass’n. Board, 257 Ark. 985, 521 S.W. 2d 542. I felt that the construction of the act urged by appellant was proper, but recognize that the matter is subject- to…
2Cases cited1 opinion
- First Federal Savings & Loan Ass'n of Malvern v. Arkansas Savings & Loan Ass'n BoardSupreme Court of Arkansas · 1975