Arkansas Trust Institutions Act

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  5. Arkansas Trust Institutions Act

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Section
23-51-101

Title

Section
23-51-102

Certain definitions

Section
23-51-103

Rules

Section
23-51-104

Organization and powers of state trust company

Section
23-51-105

Articles of association of state trust company

Section
23-51-106

Application for state trust company charter

Section
23-51-107

Notice and investigation of charter application

Section
23-51-108

Hearing and decision on charter application

Section
23-51-109

Issuance of charter

Section
23-51-110

Required capital

Section
23-51-111

Application of laws relating to general business corporations

Section
23-51-112

Commissioner hearings — Appeals

Section
23-51-113

Trust companies chartered under prior law

Section
23-51-114

Amendment of state trust company articles of association

Section
23-51-115

Establishing a series of shares

Section
23-51-116

Change in outstanding capital and surplus

Section
23-51-117

Capital notes or debentures

Section
23-51-118

Private trust company

Section
23-51-119

Requirements for a private trust company

Section
23-51-120

Conversion to public trust company

Section
23-51-121

Investment in state trust company facilities — Definition

Section
23-51-122

Other real estate

Section
23-51-123

Securities

Section
23-51-124

Transactions in state trust company shares

Section
23-51-125

Subsidiaries

Section
23-51-126

Mutual funds

Section
23-51-127

Engaging in commerce prohibited

Section
23-51-128

Lending limits

Section
23-51-129

Lease financing transactions

Section
23-51-130

Trust deposit

Section
23-51-131

Common investment funds

Section
23-51-132

Borrowing limit

Section
23-51-133

Pledge of assets

Section
23-51-134

Acquisition of control

Section
23-51-135

Application regarding acquisition of control

Section
23-51-136

Hearing and decision on acquisition of control

Section
23-51-137

Appeal from adverse decision

Section
23-51-138

Objection to other transfer

Section
23-51-139

Civil enforcement — Criminal penalties

Section
23-51-140

Voting securities held by state trust company

Section
23-51-141

Bylaws

Section
23-51-142

Board of directors

Section
23-51-143

Officers

Section
23-51-144

Certain criminal offenses

Section
23-51-145

Transactions with management and affiliates

Section
23-51-146

Fiduciary responsibility

Section
23-51-147

Recordkeeping

Section
23-51-148

Bonding requirements

Section
23-51-149

Reports of apparent crime

Section
23-51-150

Merger authority

Section
23-51-151

Merger application

Section
23-51-152

Approval of commissioner

Section
23-51-153

Rights of dissenters to mergers

Section
23-51-154

Authority to purchase assets of another trust institution

Section
23-51-155

Sale of assets

Section
23-51-156

Required vote of shareholders

Section
23-51-157

Corporate procedure

Section
23-51-158

Authority to liquidate — Publication

Section
23-51-159

Examination and reports

Section
23-51-160

Unclaimed property

Section
23-51-161

Sale or transfer of property

Section
23-51-162

When commissioner may take charge

Section
23-51-163

Directors may act

Section
23-51-164

Application of Arkansas Banking Code of 1997

Section
23-51-165

Companies authorized to act as fiduciaries

Section
23-51-166

Activities not requiring a charter, etc

Section
23-51-167

Trust business of state trust institution

Section
23-51-168

Trust business of out-of-state trust institution

Section
23-51-169

Name of trust institution

Section
23-51-170

Trust business

Section
23-51-171

Branches and offices of state trust institutions

Section
23-51-172

State trust company principal office

Section
23-51-173

Trust office

Section
23-51-174

Out-of-state offices

Section
23-51-175

Trust business at a branch or trust office

Section
23-51-176

Establishing an interstate trust office

Section
23-51-177

Acquiring an interstate trust office

Section
23-51-178

Requirement of notice

Section
23-51-179

Conditions for approval

Section
23-51-180

Additional trust offices

Section
23-51-181

Examinations — Periodic reports — Cooperative agreements — Assessment of fees

Section
23-51-182

Enforcement

Section
23-51-183

Notice of subsequent merger, closing, etc

Section
23-51-184

Commissioner shall supervise and examine authorized trust institutions

Section
23-51-185

Examinations — Assessments

Section
23-51-186

Statements of condition and income

Section
23-51-187

Confidential records

Section
23-51-188

Administrative orders — Penalties for violation

Section
23-51-189

Notice and opportunity for hearing

Section
23-51-190

Subpoena power and examination under oath

Section
23-51-191

Removal of directors, officers, and employees

Section
23-51-192

Delegation and fiduciary responsibility

Section
23-51-193

Affiliates

Section
23-51-194

Fee determination

Section
23-51-195

Disclosure of potential conflicts of interest

Section
23-51-196

Interests in trust institutions prohibited

Section
23-51-197

Designation of trustee

Section
23-51-198

Choice of law governing trusts

Section
23-51-199

Choice of law governing fiduciary investments