Ark. Code Ann. § 23-32-304: Construction

Nothing in this subchapter shall be construed to: (1) Prevent a state or federal savings and loan association from electing or agreeing to furnish bond at its own cost; (2) Prevent any other party of interest, desiring protection in a business transaction with a state or federal savings and loan association, from electing to secure and pay for a bond covering the state or federal savings and loan association to the benefit of such a party to the transaction; and (3) Amend or repeal any law pertaining to: (A) Corporate surety or indemnity bonds covering directors, officers, or employees of a state or federal savings and loan association; (B) Foreign corporations, associations, or institutions not authorized to do business in this state; (C) Actions available against state or federal savings and loan associations for injury or damage; and (D) Bonding requirements involving fiduciary activities of a guardian, executor, administrator, personal representative, trustee, agent, or other fiduciary under the Probate Code or under any other laws covering fiduciary activities. Acts 1997, No. 84, § 4.

Nothing in this subchapter shall be construed to:

(1) Prevent a state or federal savings and loan association from electing or agreeing to furnish bond at its own cost;

(2) Prevent any other party of interest, desiring protection in a business transaction with a state or federal savings and loan association, from electing to secure and pay for a bond covering the state or federal savings and loan association to the benefit of such a party to the transaction; and

(3) Amend or repeal any law pertaining to: (A) Corporate surety or indemnity bonds covering directors, officers, or employees of a state or federal savings and loan association; (B) Foreign corporations, associations, or institutions not authorized to do business in this state; (C) Actions available against state or federal savings and loan associations for injury or damage; and (D) Bonding requirements involving fiduciary activities of a guardian, executor, administrator, personal representative, trustee, agent, or other fiduciary under the Probate Code or under any other laws covering fiduciary activities.

(A) Corporate surety or indemnity bonds covering directors, officers, or employees of a state or federal savings and loan association;

(B) Foreign corporations, associations, or institutions not authorized to do business in this state;

(C) Actions available against state or federal savings and loan associations for injury or damage; and

(D) Bonding requirements involving fiduciary activities of a guardian, executor, administrator, personal representative, trustee, agent, or other fiduciary under the Probate Code or under any other laws covering fiduciary activities.