Appeal from adverse decision

  1. Law
  2. Arkansas Code
  3. Public Utilities and Regulated Industries
  4. Financial Institutions And Securities
  5. Arkansas Trust Institutions Act
  6. Appeal from adverse decision

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  1. (a)

    1. (1) If a hearing has been held, the Bank Commissioner has entered an order denying the application, and the order has become final, the proposed transferee may appeal the final order by filing a petition for judicial review under the Arkansas Administrative Procedure Act, § 25-15-201 et seq.

    2. (2) The time for filing such a petition for judicial review shall run from the date the final decision of the commissioner is mailed or delivered, in written form, to the parties desiring to appeal.

    3. (3) The hearing of such a petition for review will be advanced on the docket of each reviewing court as a matter of public interest.

  2. (b) The filing of an appeal under this section does not stay the order of the commissioner.


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