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Ark. Code Ann. § 23-32-304

Construction

Acts 1997, No. 84, § 4.

Nothing in this subchapter shall be construed to:

(1) Prevent a state or federal savings and loan association from electing or agreeing to furnish bond at its own cost;

(2) Prevent any other party of interest, desiring protection in a business transaction with a state or federal savings and loan association, from electing to secure and pay for a bond covering the state or federal savings and loan association to the benefit of such a party to the transaction; and

(3) Amend or repeal any law pertaining to: Corporate surety or indemnity bonds covering directors, officers, or employees of a state or federal savings and loan association;

(4) Foreign corporations, associations, or institutions not authorized to do business in this state;

(5) Actions available against state or federal savings and loan associations for injury or damage; and

(6) Bonding requirements involving fiduciary activities of a guardian, executor, administrator, personal representative, trustee, agent, or other fiduciary under the Probate Code or under any other laws covering fiduciary activities.

Current official text: Arkansas General Assembly. Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Arkansas statutes; confirm against the official source for the current text. Not legal advice.