Arkansas Code Title 23, Subtitle 2, Chapter 47, Subchapter 8 - Subsidiary Trust Companies

• § 23-47-801 - Definitions.
  For purposes of this subchapter, "affiliated bank" means a bank, having authority to conduct trust business and business incidental to trust business within this...
• § 23-47-802 - Subsidiary Trust Companies -- Creation, Formation, Etc. -- Powers -- Location.
  (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...
• § 23-47-803 - Substitution of Subsidiary Trust Company or National Trust Company for Affiliated Bank.
  (a) A subsidiary trust company or national trust company and one (1) or more of its affiliated banks may enter into one (1) or...
• § 23-47-804 - Removal of Accounts From Operation of Substitution Agreement -- Denial of Substitution.
  (a) A fiduciary account may be removed from the operation of the agreement by an amendment to the agreement filed with the Bank Commissioner...
• § 23-47-805 - Deposits.
  (a) A subsidiary trust company or national trust company may deposit with an affiliated bank fiduciary funds that are being held pending investment, distribution,...
• § 23-47-806 - Responsibility for Acts and Omissions.
  (a) The bank holding company owning a subsidiary trust company or national trust company shall file with the Bank Commissioner an irrevocable undertaking to...
• § 23-47-807 - Qualification As Successor Fiduciary.
  For the purposes of qualification as successor fiduciary under any requirements contained in any document creating a fiduciary account or any statute of this...

Last modified: November 15, 2016