Arkansas Statutes
§ 19-3-507 — Bank depositories generally
Arkansas·Title 19
(a)Subject to the conditions and limitations provided in §§ 19-3-508 - 19-3-517 , a bank or savings and loan association may be designated as a bank depository.
(b)(1) A bank or savings and loan association is not required to act as a bank depository.
(2)However, the acceptance of a deposit of State Treasury funds requires a bank depository to observe §§ 19-3-508 - 19-3-517 .
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Related
Opinion No.
(Arkansas Attorney General Reports, 2001)
Legislative History
Amended by Act 2013, No. 1088,§ 2, eff. 8/16/2013. Acts 1997, No. 847, § 1.
Nearby Sections
15
§ 19-1-201
Chief Fiscal Officer of the State§ 19-1-202
Secretary§ 19-1-203
Deputy director§ 19-1-204
Personnel§ 19-1-205
Office§ 19-1-206
Seal§ 19-1-207
General accounting system§ 19-1-208
Rules§ 19-1-209
Publications required§ 19-1-210
Recordkeeping§ 19-1-211
Investigations§ 19-1-212
Duty to avoid deficit§ 19-1-213
Leasing of state property§ 19-1-214
Federal gifts and surplusage