Browse Arkansas Code titles and sections
23-36-114. Deposit of funds.
Arkansas Code — all titles (historical 2020) · legal_authorities
23-36-114. Deposit of funds.
No industrial loan institution shall deposit any of its funds in any banking corporation unless the corporation has been designated as a depository by vote of a majority of directors, or of the executive committee, exclusive of any director who is an officer, director, or trustee of the depository so designated, present at any duly called meeting at which a quorum is in attendance.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 23-36-114
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:23-36-114
Source file: gov.ar.code.title.23.odt
Pages: Not recorded – Not recorded
Passage SHA-256: a51719259056965c2480a2c97385528d2a3d47e423946f36a0e213360093eb7f
Source location: content.xml paragraph 17045
Stored source content
23-36-114. Deposit of funds.
No industrial loan institution shall deposit any of its funds in any banking corporation unless the corporation has been designated as a depository by vote of a majority of directors, or of the executive committee, exclusive of any director who is an officer, director, or trustee of the depository so designated, present at any duly called meeting at which a quorum is in attendance.
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