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Arkansas Code of 1987 (2023)
Title 23 - PUBLIC UTILITIES AND REGULATED INDUSTRIES (§§ 23-1-101 — 23-119-105)
Subtitle 2 - FINANCIAL INSTITUTIONS AND SECURITIES (§§ 23-30-101 — 23-55-1007)
Chapter 51 - ARKANSAS TRUST INSTITUTIONS ACT (§§ 23-51-101 — 23-51-200)
- Section 23-51-101 - Title
- Section 23-51-102 - Certain definitions
- Section 23-51-103 - Rules
- Section 23-51-104 - Organization and powers of state trust company
- Section 23-51-105 - Articles of association of state trust company
- Section 23-51-106 - Application for state trust company charter
- Section 23-51-107 - Notice and investigation of charter application
- Section 23-51-108 - Hearing and decision on charter application
- Section 23-51-109 - Issuance of charter
- Section 23-51-110 - Required capital
- Section 23-51-111 - Application of laws relating to general business corporations
- Section 23-51-112 - Commissioner hearings - Appeals
- Section 23-51-113 - Trust companies chartered under prior law
- Section 23-51-114 - Amendment of state trust company articles of association
- Section 23-51-115 - Establishing a series of shares
- Section 23-51-116 - Change in outstanding capital and surplus
- Section 23-51-117 - Capital notes or debentures
- Section 23-51-118 - Private trust company
- Section 23-51-119 - Requirements for a private trust company
- Section 23-51-120 - Conversion to public trust company
- Section 23-51-121 - Investment in state trust company facilities - Definition
- Section 23-51-122 - Other real estate
- Section 23-51-123 - Securities
- Section 23-51-124 - Transactions in state trust company shares
- Section 23-51-125 - Subsidiaries
- Section 23-51-126 - Mutual funds
- Section 23-51-127 - Engaging in commerce prohibited
- Section 23-51-128 - Lending limits
- Section 23-51-129 - Lease financing transactions
- Section 23-51-130 - Trust deposit
- Section 23-51-131 - Common investment funds
- Section 23-51-132 - Borrowing limit
- Section 23-51-133 - Pledge of assets
- Section 23-51-134 - Acquisition of control
- Section 23-51-135 - Application regarding acquisition of control
- Section 23-51-136 - Hearing and decision on acquisition of control
- Section 23-51-137 - Appeal from adverse decision
- Section 23-51-138 - Objection to other transfer
- Section 23-51-139 - Civil enforcement - Criminal penalties
- Section 23-51-140 - Voting securities held by state trust company
- Section 23-51-141 - Bylaws
- Section 23-51-142 - Board of directors
- Section 23-51-143 - Officers
- Section 23-51-144 - Certain criminal offenses
- Section 23-51-145 - Transactions with management and affiliates
- Section 23-51-146 - Fiduciary responsibility
- Section 23-51-147 - Recordkeeping
- Section 23-51-148 - Bonding requirements
- Section 23-51-149 - Reports of apparent crime
- Section 23-51-150 - Merger authority
- Section 23-51-151 - Merger application
- Section 23-51-152 - Approval of commissioner
- Section 23-51-153 - Rights of dissenters to mergers
- Section 23-51-154 - Authority to purchase assets of another trust institution
- Section 23-51-155 - Sale of assets
- Section 23-51-156 - Required vote of shareholders
- Section 23-51-157 - Corporate procedure
- Section 23-51-158 - Authority to liquidate - Publication
- Section 23-51-159 - Examination and reports
- Section 23-51-160 - Unclaimed property
- Section 23-51-161 - Sale or transfer of property
- Section 23-51-162 - When commissioner may take charge
- Section 23-51-163 - Directors may act
- Section 23-51-164 - Application of Arkansas Banking Code of 1997
- Section 23-51-165 - Companies authorized to act as fiduciaries
- Section 23-51-166 - Activities not requiring a charter, etc
- Section 23-51-167 - Trust business of state trust institution
- Section 23-51-168 - Trust business of out-of-state trust institution
- Section 23-51-169 - Name of trust institution
- Section 23-51-170 - Trust business
- Section 23-51-171 - Branches and offices of state trust institutions
- Section 23-51-172 - State trust company principal office
- Section 23-51-173 - Trust office
- Section 23-51-174 - Out-of-state offices
- Section 23-51-175 - Trust business at a branch or trust office
- Section 23-51-176 - Establishing an interstate trust office
- Section 23-51-177 - Acquiring an interstate trust office
- Section 23-51-178 - Requirement of notice
- Section 23-51-179 - Conditions for approval
- Section 23-51-180 - Additional trust offices
- Section 23-51-181 - Examinations - Periodic reports - Cooperative agreements - Assessment of fees
- Section 23-51-182 - Enforcement
- Section 23-51-183 - Notice of subsequent merger, closing, etc
- Section 23-51-184 - Commissioner shall supervise and examine authorized trust institutions
- Section 23-51-185 - Examinations - Assessments
- Section 23-51-186 - Statements of condition and income
- Section 23-51-187 - Confidential records
- Section 23-51-188 - Administrative orders - Penalties for violation
- Section 23-51-189 - Notice and opportunity for hearing
- Section 23-51-190 - Subpoena power and examination under oath
- Section 23-51-191 - Removal of directors, officers, and employees
- Section 23-51-192 - Delegation and fiduciary responsibility
- Section 23-51-193 - Affiliates
- Section 23-51-194 - Fee determination
- Section 23-51-195 - Disclosure of potential conflicts of interest
- Section 23-51-196 - Interests in trust institutions prohibited
- Section 23-51-197 - Designation of trustee
- Section 23-51-198 - Choice of law governing trusts
- Section 23-51-199 - Choice of law governing fiduciary investments
- Section 23-51-200 - 23-51-211 - [Repealed]
Disclaimer: These codes may not be the most recent version. Arkansas may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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