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Section 23-32-505 - Payment to designated agent — Arkansas Law | CourtGPT
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  3. Arkansas/
  4. Title 23 - Public Utilities and Regulated Industries (§§ 23-1-101 — 23-119-105)/
  5. Subtitle 2 - Financial Institutions and Securities/
  6. Chapter 32 - General Provisions Sub/
  7. Subchapter 5 - Agency Designation on Certificates of Deposit/
  8. Section 23-32-505 - Payment to designated agent
Arkansas Legal Code

Section 23-32-505 - Payment to designated agent

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On request of an agent under an agency designation for an account, a financial institution may, unless it actually knows that the authority of agency has terminated, pay to the agent sums on deposit in the account.Acts 1997, No. 85, § 5.

On request of an agent under an agency designation for an account, a financial institution may, unless it actually knows that the authority of agency has terminated, pay to the agent sums on deposit in the account.Acts 1997, No. 85, § 5.