When the Bank Commissioner, or duly appointed agent, shall take possession of any state trust company under § 23-51-162 or § 23-51-163, the commissioner or agent shall proceed with the dissolution and liquidation of the state trust company under the procedures established for the dissolution and liquidation of state banks under the Arkansas Banking Code of 1997.
Ark. Code Ann. § 23-51-164
Application of Arkansas Banking Code of 1997
Known as the Arkansas Trust Institutions Act
The act spans §§ 23–23 (100 sections).
Acts 1997, No. 940, § 64.
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.