An association or a federal association may recognize, or continue to recognize, the authority of an attorney in fact authorized in writing to manage or to make withdrawals, either in whole or in part, from a savings account until it receives written notice of the revocation of the authority of the attorney in fact or until it receives written notice of the death or adjudication of incompetency of the owner of the savings account.
Structure Arkansas Code
Title 23 - Public Utilities and Regulated Industries
Subtitle 2 - Financial Institutions And Securities
Chapter 37 - Savings And Loan Associations
Subchapter 5 - Savings Accounts
§ 23-37-501. Accounts of minors
§ 23-37-502. Accounts in the names of two or more persons
§ 23-37-503. Accounts of fiduciaries
§ 23-37-504. Accounts of deceased nonresidents
§ 23-37-505. Withdrawals generally
§ 23-37-506. Conflicting claims to accounts
§ 23-37-507. Damages for refusal to pay withdrawal request
§ 23-37-508. Power of attorney
§ 23-37-509. Lien on account of borrower — Pledge of third party's account as security on loan
§ 23-37-510. Validity of release or acquittance by officers of corporation or association