Qualification as successor fiduciary.
Ark. Code Ann. § 23-47-807
in effectFor the purposes of qualification as successor fiduciary under any requirements contained in any document creating a fiduciary account or any statute of this state relating to fiduciary accounts, the subsidiary trust company or national trust company:
(1) Is considered to have capital and surplus equal to its capital and surplus plus the capital and surplus of its owning bank holding company; and
(2) Shall be treated as a national bank, unless:
(A) It is not a national bank under federal law relating to national banks; and
(B) It has not entered into a substitution agreement with an affiliated bank that is a national bank under federal law relating to national banks.
Source: Public.Resource.Org / UniCourt, Official Code of Arkansas Annotated, Release 78 (2020) (unicourt.github.io/cic-code-ar)URL: https://unicourt.github.io/cic-code-ar/transforms/ar/ocar/r78/gov.ar.code.title.23.htmlFetched: 11/8/2026