™Your Policy Risk Impact Agent
95 chapters · 3,921 sections in this title.
Ark. Code Ann. § 23-37-504 Accounts of deceased nonresidents
1.6K chars
(a) When a savings account is held in any association or federal association by a person residing in another state or country, the account, together with additions thereto and earnings thereon, or any part thereof, may be paid to the administrator or executor appointed in the sta…
Ark. Code Ann. § 23-37-505 Withdrawals generally
5.2K chars
(a) Any savings account holder may, at any time, present a written application for withdrawal of all or any part of his or her savings account except to the extent the account may be pledged to the association or to another person on the books of the association. (b) (1) An assoc…
Ark. Code Ann. § 23-37-506 Conflicting claims to accounts
0.4K chars
In the event an association is given notice that conflicting claims of whatever kind and nature exist to the ownership or right to withdraw a savings account, the association may, at its option, without liability, withhold paying any withdrawals from the account until it receives…
Ark. Code Ann. § 23-37-507 Damages for refusal to pay withdrawal request
0.4K chars
In the event an association wrongfully and without legal right refuses to pay a withdrawal request for a savings account, the owner of the savings account shall be entitled to recover damages from the association equal to interest at the legal rate prescribed by the laws of this …