{"data":{"id":"us-ar/ark.-code-ann.-23-32-304","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 23-32-304","heading":"Construction","body":"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.\n\nNothing in this subchapter shall be construed to:\n\n(1) Prevent a state or federal savings and loan association from electing or agreeing to furnish bond at its own cost;\n\n(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\n\n(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.\n\n(A) Corporate surety or indemnity bonds covering directors, officers, or employees of a state or federal savings and loan association;\n\n(B) Foreign corporations, associations, or institutions not authorized to do business in this state;\n\n(C) Actions available against state or federal savings and loan associations for injury or damage; and\n\n(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.","path":["AR Code","Title 23","Chapter 32","Subchapter 3"],"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":"c5316b9dfbe2a4cc1b9eefb7533012be164a388791de478489eac20dd7b2daf8","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-23-32-303","next":"us-ar/ark.-code-ann.-23-32-305"},"notice":"GroundRules: Original legal text. Not legal advice."}