Arkansas Statutes
§ 23-51-170 — Trust business
Arkansas·Title 23
A state trust company or a state bank may:
(1)Perform any act as a fiduciary;
(2)Engage in any trust business;
(3)Exercise any incidental power that is reasonably necessary to enable it to fully exercise, according to commonly accepted fiduciary customs and usages, a power conferred in this chapter; and (4) If a state trust company, exercise any other power authorized by § 23-51-104 .
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Legislative History
Acts 1997, No. 940, § 70.
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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