Except with the prior written approval of the Bank Commissioner, a state trust company may not have liabilities outstanding exceeding an amount equal to three times its capital base.
Ark. Code Ann. § 23-51-132
Borrowing limit
Known as the Arkansas Trust Institutions Act
The act spans §§ 23-51-101 to 23-51-200 (100 sections).
Acts 1997, No. 940, § 32.
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.