Arkansas Statutes
§ 23-51-131 — Common investment funds
Arkansas·Title 23
(a)A state trust company may establish common trust funds to provide investment to itself as a fiduciary.
(b)The Bank Commissioner may adopt rules to administer and carry out this section, including but not limited to rules to establish investment and participation limitations, disclosure of fees, audit requirements, limit or expand investment authority for particular classes or categories of securities or other property, advertising, exemptions, and other requirements that may be necessary to carry out this section.
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Legislative History
Amended by Act 2019, No. 315,§ 2587, eff. 7/24/2019. Acts 1997, No. 940, § 31.
Nearby Sections
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§ 23-1-101
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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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