Arkansas Statutes
§ 23-51-133 — Pledge of assets
Arkansas·Title 23
A state trust company may not pledge or create a lien on any of its assets except to secure the repayment of money borrowed or as specifically authorized or required by § 23-51-130 , or by rules adopted under this chapter. An act, deed, conveyance, pledge, or contract in violation of this section is void.
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Legislative History
Amended by Act 2019, No. 315,§ 2588, eff. 7/24/2019. Acts 1997, No. 940, § 33.
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