{"data":{"id":"us-ar/ark.-code-ann.-23-47-807","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 23-47-807","heading":"Qualification as successor fiduciary","body":"For the purposes of qualification as successor fiduciary under any requirements contained in any document creating a fiduciary account or any statute of this state relating to fiduciary accounts, the subsidiary trust company or national trust company: (1) Is considered to have capital and surplus equal to its capital and surplus plus the capital and surplus of its owning bank holding company; and (2) Shall be treated as a national bank, unless: (A) It is not a national bank under federal law relating to national banks; and (B) It has not entered into a substitution agreement with an affiliated bank that is a national bank under federal law relating to national banks. Acts 1997, No. 89, § 1.\n\nFor the purposes of qualification as successor fiduciary under any requirements contained in any document creating a fiduciary account or any statute of this state relating to fiduciary accounts, the subsidiary trust company or national trust company:\n\n(1) Is considered to have capital and surplus equal to its capital and surplus plus the capital and surplus of its owning bank holding company; and\n\n(2) Shall be treated as a national bank, unless: (A) It is not a national bank under federal law relating to national banks; and (B) It has not entered into a substitution agreement with an affiliated bank that is a national bank under federal law relating to national banks.\n\n(A) It is not a national bank under federal law relating to national banks; and\n\n(B) It has not entered into a substitution agreement with an affiliated bank that is a national bank under federal law relating to national banks.","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":"73d1d23c057dbf2f5c108cef06e1da6e29aa2dcb0c98d8bb6752f46fc93e6158","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-23-47-806","next":"us-ar/ark.-code-ann.-23-47-901"},"notice":"GroundRules: Original legal text. Not legal advice."}