(1) Nothing in this subchapter is intended to have any application to:(1) A merger under which a state bank merges into a national bank which is an Arkansas bank;(2) Any consolidation proceeding under which a state bank becomes consolidated into a national bank which is an Arkansas bank; or(3) Any proceeding under which a state bank is converted into a national bank or a national bank is converted into a state bank.
(1) A merger under which a state bank merges into a national bank which is an Arkansas bank;
(2) Any consolidation proceeding under which a state bank becomes consolidated into a national bank which is an Arkansas bank; or
(3) Any proceeding under which a state bank is converted into a national bank or a national bank is converted into a state bank.