{"data":{"id":"us-ar/ark.-code-ann.-19-3-507","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 19-3-507","heading":"Bank depositories generally","body":"(a) Subject to the conditions and limitations provided in §§ 19-3-508 - 19-3-517 , a bank or savings and loan association may be designated as a bank depository. (b) (1) A bank or savings and loan association is not required to act as a bank depository. (2) However, the acceptance of a deposit of State Treasury funds requires a bank depository to observe §§ 19-3-508 - 19-3-517 . Amended by Act 2013, No. 1088,§ 2, eff. 8/16/2013. Acts 1997, No. 847, § 1.\n\n(a) Subject to the conditions and limitations provided in §§ 19-3-508 - 19-3-517 , a bank or savings and loan association may be designated as a bank depository.\n\n(b) (1) A bank or savings and loan association is not required to act as a bank depository. (2) However, the acceptance of a deposit of State Treasury funds requires a bank depository to observe §§ 19-3-508 - 19-3-517 .\n\n(1) A bank or savings and loan association is not required to act as a bank depository.\n\n(2) However, the acceptance of a deposit of State Treasury funds requires a bank depository to observe §§ 19-3-508 - 19-3-517 .","path":["AR Code","Title 19","Chapter 3","Subchapter 5"],"source_url":"https://oss-data-us.vaquill.ai/v2026.08/us_ar_statutes.parquet","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:41Z","sha256":"097a2360094c4a641cd29fb90901160c52de8f8841d0bb1d74a6f252e216b420","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-19-3-506","next":"us-ar/ark.-code-ann.-19-3-508"},"notice":"GroundRules: Original legal text. Not legal advice."}