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Section 23-47-305 - Payment to designated agent — Arkansas Law | CourtGPT
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  2. Laws/
  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 47 - Bank Powers - Subsidiaries Sub/
  7. Subchapter 3 - Agency Designation on Certificates of Deposit/
  8. Section 23-47-305 - Payment to designated agent
Arkansas Legal Code

Section 23-47-305 - Payment to designated agent

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On request of an agent under an agency designation for an account, a bank 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. 89, § 1.