On request of an agent under an agency designation for an account, a financial institution may, unless it actually knows that the authority of agency has terminated, pay to the agent sums on deposit in the account.
Structure Arkansas Code
Title 23 - Public Utilities and Regulated Industries
Subtitle 2 - Financial Institutions And Securities
Chapter 32 - General Provisions
Subchapter 5 - Agency Designation on Certificates of Deposit
§ 23-32-502. Scope of subchapter
§ 23-32-504. Designation of agent