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23-32-304. Construction.
Arkansas Code — all titles (historical 2020) · legal_authorities
23-32-304. Construction.
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:
(A) Corporate surety or indemnity bonds covering directors, officers, or employees of a state or federal savings and loan association;
(B) Foreign corporations, associations, or institutions not authorized to do business in this state;
(C) Actions available against state or federal savings and loan associations for injury or damage; and
(D) 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.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 23-32-304
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. A text match is a research starting point; applicability is not established.
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Record provenance
Stable record: arkansas_code:legal_authorities:23-32-304
Source file: gov.ar.code.title.23.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 729e3676158e1cd4510e26b625cfb701994335ddc101870e2799fc1a85f74b30
Source location: content.xml paragraph 16043
Stored source content
23-32-304. Construction.
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:
(A) Corporate surety or indemnity bonds covering directors, officers, or employees of a state or federal savings and loan association;
(B) Foreign corporations, associations, or institutions not authorized to do business in this state;
(C) Actions available against state or federal savings and loan associations for injury or damage; and
(D) 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.
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