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95 chapters · 3,921 sections in this title.
Ark. Code Ann. § 23-47-801 Definitions
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(1) For purposes of this subchapter, “affiliated bank” means a bank, having authority to conduct trust business and business incidental to trust business within this state, more than fifty percent (50%) of the voting stock of which is owned directly or indirectly by:(1) The same …
Ark. Code Ann. § 23-47-802 Subsidiary trust companies — Creation, formation, etc. — Powers — Location
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(a) Notwithstanding the provisions of § 23-48-405, bank holding companies that own, directly or indirectly, an affiliated bank are authorized and empowered by the provisions of this subchapter to apply to the Bank Commissioner for authority to:(1) Create, form, and establish subs…
Ark. Code Ann. § 23-47-803 Substitution of subsidiary trust company or national trust company for affiliated bank
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(a) A subsidiary trust company or national trust company and one (1) or more of its affiliated banks may enter into one (1) or more agreements under which the subsidiary trust company or national trust company is substituted as fiduciary for each affiliated bank in each fiduciary…
Ark. Code Ann. § 23-47-804 Removal of accounts from operation of substitution agreement — Denial of substitution
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(a) A fiduciary account may be removed from the operation of the agreement by an amendment to the agreement filed with the Bank Commissioner before the effective date stated in the agreement. (b) The substitution of a subsidiary trust company or national trust company as fiduciar…