Bill
SB 592
TO REQUIRE A FINANCIAL INSTITUTION TO RENEW CERTAIN CERTIFICATES OF DEPOSIT AT THE HIGHEST INTEREST RATE CLOSEST TO THE TERM OF THE PREVIOUS CERTIFICATE OF DEPOSIT AND FOR THE SAME TERM.
2025 Regular Session
Introduced by Johnny Rye and 1 co-sponsor
Arkansas bill required banks to auto-renew CDs at highest matching-term rates available, protecting savers from unfavorable renewals; withdrawn before passage.
Sine Die adjournment