At least two-thirds (⅔) of the stock of an industrial loan institution shall be owned by bona fide residents of the State of Arkansas.
Ark. Code Ann. § 23-36-102 — under Industrial Loan Institutions.
Ark. Code Ann. § 23-36-102
At least two-thirds (⅔) of the stock of an industrial loan institution shall be owned by bona fide residents of the State of Arkansas.