Arkansas Statutes
§ 23-51-146 — Fiduciary responsibility
Arkansas·Title 23
The board of a state trust company is responsible for the proper exercise of fiduciary powers by the state trust company and each matter pertinent to the exercise of fiduciary powers, including:
(1)The determination of policies;
(2)The investment and disposition of property held in a fiduciary capacity; and (3) The direction and review of the actions of each officer, employee, and committee used by the state trust company in the exercise of its fiduciary powers.
Free access — add to your briefcase to read the full text and ask questions with AI
Arkansas § 23-51-146 (Fiduciary responsibility) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Acts 1997, No. 940, § 46.
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
Citizens band radio equipment