{"data":{"id":"us-ar/ark.-code-ann.-23-47-805","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 23-47-805","heading":"Deposits","body":"(a) A subsidiary trust company or national trust company may deposit with an affiliated bank fiduciary funds that are being held pending investment, distribution, or payment of debts.\n\n(b) A subsidiary trust company or national trust company may deposit with an affiliated bank fiduciary funds as a permanent investment if authorized by the settlor in the instrument creating the trust or if authorized in a writing delivered to the trustee by a beneficiary currently eligible to receive distributions from a trust.","path":["AR Code","Title 23","Chapter 47","Subchapter 8"],"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":"81066a15abd09eed3a189abf5c60a50a7edd574533933cfc6cd37335bd2f10aa","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-23-47-804","next":"us-ar/ark.-code-ann.-23-47-806"},"notice":"GroundRules: Original legal text. Not legal advice."}