Statutes > Arkansas Statutes > Title 23 - Public Utilities and Regulated Industries > Subtitle 2 - Financial Institutions And Securities > Chapter 51 - Trust Institutions > § 23-51-164 - Application of Arkansas Banking Code.

§ 23-51-164 - Application of Arkansas Banking Code.

23-51-164. Application of Arkansas Banking Code.

When the Bank Commissioner, or duly appointed agent, shall take possession of any state trust company under 23-51-162 or 23-51-163, the commissioner or agent shall proceed with the dissolution and liquidation of the state trust company under the procedures established for the dissolution and liquidation of state banks under the Arkansas Banking Code, 23-45-101 et seq., 23-46-101 et seq., 23-47-101 et seq., 23-48-101 et seq., 23-49-101 et seq., and 23-50-101 et seq.