Arkansas Code § 23-37-506 - Conflicting Claims to Accounts

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 a written withdrawal request executed by all the claimants to the savings account.

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Last modified: November 15, 2016