Arkansas Statutes
§ 23-51-127 — Engaging in commerce prohibited
Arkansas § 23-51-127
JurisdictionArkansas
Title23
This text of Arkansas § 23-51-127 (Engaging in commerce prohibited) is published on Counsel Stack Legal Research, covering Arkansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Ark. Code Ann. § 23-51-127 (2026).
Text
Except as otherwise provided by this chapter or rules adopted under this chapter, a state trust company may not invest its funds in trade or commerce by buying, selling, or otherwise dealing in goods or by owning or operating a business not part of the state trust business, except as necessary to fulfil a fiduciary obligation to a client.
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Legislative History
Amended by Act 2019, No. 315,§ 2584, eff. 7/24/2019. Acts 1997, No. 940, § 27.
Nearby Sections
15
§ 23-1-101
Definitions§ 23-1-103
Compliance with Acts 1935, No. 324, and rules of commission required - Penalties for noncompliance§ 23-1-106
Penalties cumulative - Recovery of penalty not bar to further penalty or criminal prosecution§ 23-1-108
Jurisdiction and venue of actions§ 23-1-110
Actions tried without jury - Exceptions§ 23-1-111
Copies of official papers as evidence§ 23-1-115
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Bluebook (online)
Arkansas § 23-51-127, Counsel Stack Legal Research, https://law.counselstack.com/statute/ar/23-51-127.