State banks exercising any or all of the powers enumerated in this subchapter shall segregate all assets held in its trust department from the general assets of the bank and shall keep a separate set of books and records showing in proper detail all transactions engaged in under authority of this subchapter.
Structure Arkansas Code
Title 23 - Public Utilities and Regulated Industries
Subtitle 2 - Financial Institutions And Securities
Chapter 47 - Bank Powers — Subsidiaries
§ 23-47-701. Authority of Bank Commissioner
§ 23-47-702. Considerations determinative of grant or denial of applications
§ 23-47-703. Grant and exercise of powers deemed not in contravention of Arkansas law
§ 23-47-704. Segregation of fiduciary and general assets — Separate books and records
§ 23-47-706. Official's oath or affidavit
§ 23-47-707. Loans of trust funds to officers and employees prohibited — Penalties