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Acquiring interstate trust office.

Ark. Code Ann. § 23-51-905
in effect
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(a) An out-of-state trust institution that does not operate a trust office in this state and that meets the requirements of this chapter may acquire and maintain a trust office in this state. (b) An out-of-state trust institution shall not maintain a trust office in this state unless a similar institution chartered under the laws of this state to act as a fiduciary is permitted to acquire and maintain a trust office through an acquisition of a trust office in the state where the out- of-state trust institution has its principal office and may engage in activities substantially similar to those permitted to trust offices of out- of-state trust institutions under § 23-51-901 in the state where the out-of- state trust institution has its principal office.
Source: Arkansas General Assembly, Acts of 2021-2026 (arkleg.state.ar.us)URL: https://arkleg.state.ar.us/Acts/FTPDocument?path=%2FACTS%2F2025R%2FPublic%2F&file=237.pdf&ddBienniumSession=2025%2F2025RFetched: 11/8/2026

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